Personal Group (LON:PGH) Stock Passes Above Fifty Day Moving Average – Here’s Why

Personal Group Holdings Plc (LON:PGH) shares crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 323.10 and traded as high as GBX 330. Personal Group shares last traded at GBX 327, with a volume of 11,975 shares traded.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 416 price objective on shares of Personal Group in a research note on Wednesday, January 28th. Peel Hunt reaffirmed a “hold” rating and issued a GBX 630 price target on shares of Personal Group in a research report on Monday, November 24th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Personal Group presently has an average rating of “Moderate Buy” and a consensus target price of GBX 523.

Personal Group Stock Performance

The business’s fifty day moving average price is GBX 323.10 and its two-hundred day moving average price is GBX 335.55. The firm has a market capitalization of £102.02 million, a P/E ratio of 13.63 and a beta of 0.46.

Personal Group (LON:PGH) last posted its earnings results on Tuesday, December 16th. The company reported GBX 9.60 EPS for the quarter. Personal Group had a net margin of 13.49% and a return on equity of 14.40%. Sell-side analysts predict that Personal Group Holdings Plc will post 19.0753425 earnings per share 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.