Phoenix Group (PNXGF) Expected to Announce Earnings on Monday

Phoenix Group (OTCMKTS:PNXGF) is expected to be announcing its results before the market opens on Monday, March 16th. Analysts expect the company to announce earnings of $0.3664 per share for the quarter.

Phoenix Group Price Performance

Phoenix Group stock opened at $10.00 on Monday. Phoenix Group has a 12 month low of $6.36 and a 12 month high of $10.45. The business’s fifty day simple moving average is $9.93 and its two-hundred day simple moving average is $9.39.

Analyst Ratings Changes

Several brokerages have commented on PNXGF. The Goldman Sachs Group upgraded Phoenix Group from a “sell” rating to a “neutral” rating in a research note on Wednesday, January 21st. UBS Group upgraded Phoenix Group from a “neutral” rating to a “buy” rating in a research note on Wednesday, December 17th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Phoenix Group currently has a consensus rating of “Moderate Buy”.

About Phoenix Group

Phoenix Group Holdings plc is a leading UK-based consolidator of closed life insurance and pension funds. The company specialises in acquiring and managing legacy policies from a range of sellers, including insurers, banks and other financial institutions. By bringing together dispersed portfolios under a single operational platform, Phoenix Group aims to optimise capital efficiency and deliver cost-effective administration for policyholders.

The group’s core services include the management of life assurance, annuity and pension policies, alongside tailored solutions for individual and corporate clients.