Canaccord Genuity Group Issues Pessimistic Forecast for Personal Group (LON:PGH) Stock Price

Personal Group (LON:PGH) had its target price cut by investment analysts at Canaccord Genuity Group from GBX 416 to GBX 415 in a research report issued on Tuesday, Marketbeat reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 20.03% from the company’s previous close.

Separately, Peel Hunt reissued a “hold” rating and issued a GBX 630 price target on shares of Personal Group in a report on Monday, November 24th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Personal Group has a consensus rating of “Moderate Buy” and a consensus target price of GBX 522.50.

Personal Group Stock Up 3.2%

Shares of LON:PGH opened at GBX 345.75 on Tuesday. The business’s 50 day moving average is GBX 315.20 and its 200 day moving average is GBX 325.39. Personal Group has a 12-month low of GBX 216.25 and a 12-month high of GBX 404. The stock has a market cap of £107.87 million, a price-to-earnings ratio of 14.41 and a beta of 0.32.

Personal Group (LON:PGH) last issued its quarterly earnings data on Tuesday, March 24th. The company reported GBX 23.30 EPS for the quarter. Personal Group had a net margin of 15.06% and a return on equity of 20.34%. As a group, equities research analysts expect that Personal Group will post 19.0753425 earnings per share for the current year.

Personal Group Company Profile

Personal Group Holdings Plc (AIM: PGH) is a workforce benefits and health insurance provider. Its vision is to be the champion of affordable and accessible insurance and benefits, keeping businesses and their employees happy, healthy and protected. The Group is proud to support the health and wellbeing of c. 1.25 million UK employees.

The Group’s insurance provides employees with access to affordable, individual policies for hospital, recovery and death benefit plans. The Group’s award-winning benefits platform, Hapi, brings together extensive employee benefits, discounts and rewards, in one responsive platform.