Phoenix Group (LON:PHNX) Insider Nicolaos Nicandrou Acquires 22 Shares

Phoenix Group Holdings plc (LON:PHNX) insider Nicolaos Nicandrou acquired 22 shares of the business’s stock in a transaction on Monday, October 6th. The stock was acquired at an average price of GBX 500 per share, with a total value of £110.

Nicolaos Nicandrou also recently made the following trade(s):

• On Tuesday, August 5th, Nicolaos Nicandrou acquired 22 shares of Phoenix Group stock. The stock was acquired at an average price of GBX 509 per share, with a total value of £111.98.

Phoenix Group Stock Down 0.4%

PHNX stock opened at GBX 661.50 on Wednesday. The company has a market cap of £6.61 billion, a price-to-earnings ratio of -1,043.38, a PEG ratio of 1.95 and a beta of 0.73. The company has a current ratio of 3.30, a quick ratio of 0.12 and a debt-to-equity ratio of 160.32. Phoenix Group Holdings plc has a 12 month low of GBX 475.20 and a 12 month high of GBX 699.50. The firm has a 50-day moving average of GBX 664.92 and a two-hundred day moving average of GBX 632.22.

Phoenix Group (LON:PHNX) last announced its quarterly earnings results on Monday, September 8th. The company reported GBX (18.20) earnings per share (EPS) for the quarter. Phoenix Group had a negative return on equity of 21.76% and a negative net margin of 2.10%. As a group, analysts forecast that Phoenix Group Holdings plc will post 51.179941 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on PHNX. UBS Group restated a “neutral” rating and set a GBX 630 price target on shares of Phoenix Group in a report on Friday, September 5th. Berenberg Bank restated a “buy” rating and set a GBX 850 price target on shares of Phoenix Group in a report on Wednesday, September 3rd. Finally, Royal Bank Of Canada cut their price target on shares of Phoenix Group from GBX 725 to GBX 690 and set an “outperform” rating for the company in a report on Thursday, July 24th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Phoenix Group has a consensus rating of “Hold” and a consensus target price of GBX 683.75.

About Phoenix Group

Phoenix is the UK’s largest long-term savings and retirement business with c. £300 billion of assets under administration and c. 12 million customers.
We are a constituent of the FTSE 100 with c. 7,800 colleagues and offer a broad range of products to support people across all stages of the savings life cycle.
We are a growing and sustainable business with a clear purpose – helping people secure a life of possibilities.