JPMorgan Chase Reiterates overweight on Phoenix Group Holdings (PHNX)
Phoenix Group Holdings (LON: PHNX)‘s stock had its “overweight” rating reiterated by investment analysts at JPMorgan Chase in a note issued to investors on Wednesday. They currently have a $16.45 (1023 GBX) target price on the stock.
Shares of Phoenix Group Holdings opened at 495.40 on Wednesday. Phoenix Group Holdings has a one year low of GBX 405.30 and a one year high of GBX 604.00. The company’s market cap is £862.0 million.
Several other analysts have also recently commented on the stock. Analysts at Singer Capital Markets reiterated a “fairly valued” rating on shares of Phoenix Group Holdings in a research note to investors on Wednesday, September 19th. They now have a $2.42 price target on the stock. Separately, analysts at Investec reiterated an “under review” rating on shares of Phoenix Group Holdings in a research note to investors on Monday, September 3rd. Finally, analysts at Berenberg Bank reiterated a “buy” rating on shares of Phoenix Group Holdings in a research note to investors on Friday, August 24th. They now have a $11.03 price target on the stock.
Phoenix Group Holdings, previously the Pearl Group, is a United Kingdom-based company that acquires and manages closed life insurance businesses that are in run-off.
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