Phoenix Group (LON:PHNX) Insider Buys £107.16 in Stock

Phoenix Group Holdings plc (LON:PHNX) insider Nicolaos Nicandrou bought 19 shares of the stock in a transaction dated Tuesday, January 6th. The stock was bought at an average cost of GBX 564 per share, with a total value of £107.16.

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

• On Thursday, November 6th, Nicolaos Nicandrou purchased 23 shares of Phoenix Group stock. The stock was bought at an average cost of GBX 674 per share, for a total transaction of £155.02.

Phoenix Group Stock Performance

Shares of LON:PHNX opened at GBX 733.50 on Wednesday. Phoenix Group Holdings plc has a 12 month low of GBX 475.20 and a 12 month high of GBX 756.50. The company has a market cap of £7.33 billion, a price-to-earnings ratio of -11.57, a price-to-earnings-growth 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. The company has a 50-day moving average price of GBX 696.26 and a 200-day moving average price of GBX 673.17.

Phoenix Group (LON:PHNX) last posted its earnings results on Monday, December 15th. The company reported GBX 32.70 EPS for the quarter. Phoenix Group had a negative net margin of 2.10% and a negative return on equity of 21.76%. As a group, equities analysts anticipate that Phoenix Group Holdings plc will post 51.179941 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on PHNX shares. Berenberg Bank raised their price target on Phoenix Group from GBX 850 to GBX 852 and gave the company a “buy” rating in a report on Monday, October 13th. UBS Group upgraded shares of Phoenix Group to a “buy” rating and raised their price objective for the company from GBX 670 to GBX 770 in a research note on Wednesday, December 17th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Phoenix Group presently has a consensus rating of “Moderate Buy” and an average target price of GBX 719.25.

Phoenix Group Company Profile

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. This means providing the right guidance and products, at the right time, to support the right choices.
We focus on delivering value for our shareholders through long-term predictable cash generation, which supports a stable and sustainable dividend.