Numis Securities Ltd Reaffirms “Add” Rating for Phoenix Group Holdings (PHNX)
Numis Securities Ltd reissued their add rating on shares of Phoenix Group Holdings (LON:PHNX) in a research report report published on Thursday. The firm currently has a GBX 938 ($12.24) target price on the stock.
Several other analysts also recently commented on the company. Canaccord Genuity reaffirmed a buy rating and set a GBX 930 ($12.14) price objective on shares of Phoenix Group Holdings in a research note on Wednesday, September 28th. HSBC reaffirmed a hold rating and set a GBX 920 ($12.01) price objective on shares of Phoenix Group Holdings in a research note on Wednesday, September 14th. Shore Capital reaffirmed a hold rating on shares of Phoenix Group Holdings in a research note on Thursday, August 25th. Finally, Deutsche Bank AG dropped their price objective on Phoenix Group Holdings from GBX 1,000 ($13.05) to GBX 870 ($11.36) and set a hold rating on the stock in a research note on Wednesday, June 29th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of GBX 901.78 ($11.77).
Shares of Phoenix Group Holdings (LON:PHNX) opened at 870.25 on Thursday. The company’s market cap is GBX 1.98 billion. The company’s 50-day moving average price is GBX 852.78 and its 200 day moving average price is GBX 848.58. Phoenix Group Holdings has a 52 week low of GBX 717.50 and a 52 week high of GBX 952.00.
The business also recently announced a dividend, which was paid on Monday, October 3rd. Investors of record on Thursday, September 8th were given a GBX 26.70 ($0.35) dividend. This represents a dividend yield of 3.22%. The ex-dividend date was Thursday, September 8th.
About Phoenix Group Holdings
Phoenix Group Holdings is a specialist closed life assurance fund consolidator that specializes in the management and acquisition of closed life and pension funds. The Company operates through the Phoenix Life segment. The Phoenix Life segment provides a range of whole life, term assurance and pension products.
Receive News & Ratings for Phoenix Group Holdings Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Phoenix Group Holdings and related companies with MarketBeat.com's FREE daily email newsletter.