Phoenix Group Holdings (PHNX) Receives GBX 804 Average PT from Brokerages

Shares of Phoenix Group Holdings (LON:PHNX) have been assigned an average rating of “Hold” from the nine analysts that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is GBX 804 ($10.75).

A number of research firms recently commented on PHNX. Barclays decreased their target price on shares of Phoenix Group from GBX 673 ($9.00) to GBX 664 ($8.88) and set an “underweight” rating for the company in a research report on Monday, December 11th. HSBC increased their target price on shares of Phoenix Group from GBX 810 ($10.83) to GBX 820 ($10.96) and gave the company a “hold” rating in a research report on Thursday, November 23rd.

Phoenix Group (LON PHNX) remained flat at $GBX 773 ($10.34) during midday trading on Friday. Phoenix Group has a 52-week low of GBX 715.50 ($9.57) and a 52-week high of GBX 817.48 ($10.93). The company has a market cap of $3,040.00 and a PE ratio of -1,310.17.

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About Phoenix Group

Phoenix Group Holdings is a consolidator of closed life assurance funds specializing in the management and acquisition of closed life and pension funds. The Company’s segment: life assurance (including its management services operations) is referred to as Phoenix Life. It has four operating life companies, which hold policyholder assets and a distribution business, SunLife.

Analyst Recommendations for Phoenix Group (LON:PHNX)

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