Phoenix Group Holdings (PHNX) Receives GBX 901.78 Average Price Target from Analysts
Shares of Phoenix Group Holdings (LON:PHNX) have received a consensus rating of “Hold” from the ten research firms that are covering the company. One research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is GBX 901.78 ($11.16).
A number of analysts recently weighed in on the stock. HSBC reaffirmed a “hold” rating and issued a GBX 920 ($11.39) price objective on shares of Phoenix Group Holdings in a research note on Wednesday, September 14th. Deutsche Bank AG lowered their price objective on shares of Phoenix Group Holdings from GBX 1,000 ($12.38) to GBX 870 ($10.77) and set a “hold” rating for the company in a research note on Wednesday, June 29th. Shore Capital reaffirmed a “hold” rating on shares of Phoenix Group Holdings in a research note on Thursday, August 25th. Canaccord Genuity lowered their price objective on shares of Phoenix Group Holdings from GBX 975 ($12.07) to GBX 830 ($10.27) and set a “buy” rating for the company in a research note on Monday, June 27th. Finally, Numis Securities Ltd reaffirmed an “add” rating and issued a GBX 938 ($11.61) price objective on shares of Phoenix Group Holdings in a research note on Thursday, September 29th.
Shares of Phoenix Group Holdings (LON:PHNX) opened at 875.50 on Thursday. The stock has a 50 day moving average of GBX 857.94 and a 200-day moving average of GBX 847.13. The company’s market capitalization is GBX 2.00 billion. 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 disclosed a dividend, which was paid on Monday, October 3rd. Investors of record on Thursday, September 8th were given a GBX 26.70 ($0.33) dividend. This represents a dividend yield of 3.22%. The ex-dividend date of this dividend was Thursday, September 8th.
Phoenix Group Holdings Company Profile
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.
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