Canaccord Genuity Group Forecasts Strong Price Appreciation for Personal Group (LON:PGH) Stock

Personal Group (LON:PGH) had its target price raised by research analysts at Canaccord Genuity Group from GBX 415 to GBX 465 in a research report issued to clients and investors on Wednesday,Digital Look reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 12.32% from the stock’s previous close.

Personal Group Trading Up 1.0%

Shares of PGH stock opened at GBX 414 on Wednesday. The company has a market capitalization of £130.43 million, a P/E ratio of 18.73 and a beta of 0.18. Personal Group has a 12-month low of GBX 280 and a 12-month high of GBX 420. The company has a quick ratio of 2.77, a current ratio of 72.08 and a debt-to-equity ratio of 1.23. The firm has a 50-day moving average price of GBX 393.94 and a 200 day moving average price of GBX 351.41.

Insider Activity at Personal Group

In other Personal Group news, insider Maria Darby-Walker bought 306 shares of Personal Group stock in a transaction dated Tuesday, May 12th. The shares were acquired at an average cost of GBX 384 per share, with a total value of £1,175.04. 44.76% of the stock is owned by insiders.

About Personal Group

Personal Group Holdings Plc (AIM: PGH) is a workforce benefits and 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 over 1 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.