Personal Group (LON:PGH) Shares Break Above Fifty Day Moving Average – What’s Next?

Shares of Personal Group Holdings Plc (LON:PGH) crossed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of GBX 410.22 and traded as high as GBX 447.28. Personal Group shares last traded at GBX 435, with a volume of 415,760 shares traded.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 465 price target on shares of Personal Group in a research note on Tuesday, September 15th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 465 price objective on shares of Personal Group in a report on Tuesday, September 15th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 520.

Personal Group Price Performance

The company’s 50 day simple moving average is GBX 410.92 and its 200 day simple moving average is GBX 388.56. The company has a market capitalization of £136.39 million, a PE ratio of 17.49 and a beta of 0.18.

Personal Group (LON:PGH) last issued its earnings results on Tuesday, September 15th. The company reported GBX 12.30 earnings per share (EPS) for the quarter. Personal Group had a net margin of 16.09% and a return on equity of 22.40%. On average, equities analysts forecast that Personal Group Holdings Plc will post 19.0753425 EPS for the current year.

About Personal Group

Personal Group Holdings Plc (AIM: PGH) is a workforce benefits and health insurance provider. Its vision is to be the champion of affordable and accessible insurance and benefits, keeping businesses and their employees happy, healthy and protected. The Group is proud to support the health and wellbeing of c. 1.25 million UK employees.

The Group’s insurance provides employees with access to affordable, individual policies for hospital, recovery and death benefit plans. The Group’s award-winning benefits platform, Hapi, brings together extensive employee benefits, discounts and rewards, in one responsive platform.