Numis Securities Ltd reissued their hold rating on shares of Phoenix Group Holdings (LON:PHNX) in a research note released on Tuesday morning, Marketbeat.com reports. They currently have a GBX 785 ($10.25) price target on the stock.

Several other analysts also recently commented on PHNX. J P Morgan Chase & Co raised their target price on Phoenix Group Holdings from GBX 793 ($10.36) to GBX 826 ($10.79) and gave the company an overweight rating in a research note on Tuesday, March 21st. Canaccord Genuity raised their target price on Phoenix Group Holdings from GBX 800 ($10.45) to GBX 840 ($10.97) and gave the company a buy rating in a research note on Tuesday, March 21st. Deutsche Bank AG raised their target price on Phoenix Group Holdings from GBX 835 ($10.90) to GBX 875 ($11.43) and gave the company a buy rating in a research note on Wednesday, March 22nd. HSBC Holdings plc restated a hold rating and issued a GBX 790 ($10.32) target price on shares of Phoenix Group Holdings in a research note on Tuesday, June 13th. Finally, Barclays PLC restated an underweight rating and issued a GBX 673 ($8.79) target price on shares of Phoenix Group Holdings in a research note on Wednesday, June 28th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus target price of GBX 801.43 ($10.47).

Shares of Phoenix Group Holdings (PHNX) opened at 754.00 on Tuesday. The stock has a 50 day moving average price of GBX 766.93 and a 200-day moving average price of GBX 760.35. Phoenix Group Holdings has a one year low of GBX 640.83 and a one year high of GBX 817.48. The company’s market capitalization is GBX 2.95 billion.

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In other Phoenix Group Holdings news, insider Stephen Jefford purchased 194 shares of the company’s stock in a transaction that occurred on Thursday, July 6th. The shares were acquired at an average price of GBX 771 ($10.07) per share, with a total value of £1,495.74 ($1,953.17). In the last ninety days, insiders purchased 251 shares of company stock worth $192,817.

Phoenix Group Holdings Company Profile

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 Holdings (LON:PHNX)

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