Phoenix Group Holdings plc (LON:PHNX) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Phoenix Group Holdings plc (LON:PHNXGet Rating) have been given a consensus rating of “Moderate Buy” by the six ratings firms that are covering the stock, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is GBX 731 ($8.92).

A number of research firms recently weighed in on PHNX. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 680 ($8.30) price objective on shares of Phoenix Group in a research note on Wednesday, December 7th. JPMorgan Chase & Co. reduced their target price on shares of Phoenix Group from GBX 770 ($9.40) to GBX 670 ($8.18) and set a “neutral” rating for the company in a report on Thursday, December 8th.

Phoenix Group Stock Up 0.0 %

LON:PHNX opened at GBX 627.40 ($7.66) on Thursday. Phoenix Group has a 1-year low of GBX 501 ($6.11) and a 1-year high of GBX 702.20 ($8.57). The company has a 50-day moving average of GBX 603.16 and a 200 day moving average of GBX 595.98. The firm has a market cap of £6.28 billion and a PE ratio of -7.26. The company has a debt-to-equity ratio of 73.43, a current ratio of 0.27 and a quick ratio of 0.12.

About Phoenix Group

(Get Rating)

Phoenix Group Holdings plc operates in the long-term savings and retirement business in Europe. The company operates through four segments: UK Heritage, UK Open, Europe, and Management Services. It provides a range of pensions and savings products to support people across various stages of the savings life cycle.

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Analyst Recommendations for Phoenix Group (LON:PHNX)

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