Phoenix Group Holdings (PHNX) Given Average Recommendation of “Buy” by Analysts

Phoenix Group Holdings (LON:PHNX) has received an average recommendation of “Buy” from the eight brokerages that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is GBX 803 ($10.65).

Several research analysts recently commented on PHNX shares. HSBC Holdings plc reissued a “hold” rating and set a GBX 790 ($10.48) price target on shares of Phoenix Group Holdings in a research report on Tuesday, June 13th. Barclays PLC reissued an “underweight” rating and set a GBX 673 ($8.93) price target on shares of Phoenix Group Holdings in a research report on Wednesday, June 28th. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 785 ($10.41) price objective on shares of Phoenix Group Holdings in a research report on Tuesday, July 18th. J P Morgan Chase & Co raised their price objective on Phoenix Group Holdings from GBX 826 ($10.96) to GBX 837 ($11.10) and gave the company an “overweight” rating in a research report on Friday, August 4th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 875 ($11.61) price objective on shares of Phoenix Group Holdings in a research report on Thursday, June 15th.

Phoenix Group Holdings (LON PHNX) traded up 0.86% during midday trading on Friday, reaching GBX 758.00. The company had a trading volume of 458,001 shares. The company’s 50-day moving average is GBX 755.68 and its 200 day moving average is GBX 759.56. Phoenix Group Holdings has a 52-week low of GBX 691.00 and a 52-week high of GBX 817.48. The company’s market cap is GBX 2.97 billion.

The business also recently disclosed a dividend, which was paid on Monday, October 2nd. Shareholders of record on Thursday, September 7th were paid a dividend of GBX 25.10 ($0.33) per share. This represents a yield of 3.24%. The ex-dividend date of this dividend was Thursday, September 7th. This is a positive change from Phoenix Group Holdings’s previous dividend of $23.90.

TRADEMARK VIOLATION NOTICE: “Phoenix Group Holdings (PHNX) Given Average Recommendation of “Buy” by Analysts” was published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this piece on another domain, it was copied illegally and republished in violation of US and international trademark and copyright legislation. The legal version of this piece can be read at ht

Several research analysts recently commented on PHNX shares. HSBC Holdings plc reissued a “hold” rating and set a GBX 790 ($10.48) price target on shares of Phoenix Group Holdings in a research report on Tuesday, June 13th. Barclays PLC reissued an “underweight” rating and set a GBX 673 ($8.93) price target on shares of Phoenix Group Holdings in a research report on Wednesday, June 28th. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 785 ($10.41) price objective on shares of Phoenix Group Holdings in a research report on Tuesday, July 18th. J P Morgan Chase & Co raised their price objective on Phoenix Group Holdings from GBX 826 ($10.96) to GBX 837 ($11.10) and gave the company an “overweight” rating in a research report on Friday, August 4th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 875 ($11.61) price objective on shares of Phoenix Group Holdings in a research report on Thursday, June 15th.

Phoenix Group Holdings (LON PHNX) traded up 0.86% during midday trading on Friday, reaching GBX 758.00. The company had a trading volume of 458,001 shares. The company’s 50-day moving average is GBX 755.68 and its 200 day moving average is GBX 759.56. Phoenix Group Holdings has a 52-week low of GBX 691.00 and a 52-week high of GBX 817.48. The company’s market cap is GBX 2.97 billion.

The business also recently disclosed a dividend, which was paid on Monday, October 2nd. Shareholders of record on Thursday, September 7th were paid a dividend of GBX 25.10 ($0.33) per share. This represents a yield of 3.24%. The ex-dividend date of this dividend was Thursday, September 7th. This is a positive change from Phoenix Group Holdings’s previous dividend of $23.90.

TRADEMARK VIOLATION NOTICE: “Phoenix Group Holdings (PHNX) Given Average Recommendation of “Buy” by Analysts” was published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this piece on another domain, it was copied illegally and republished in violation of US and international trademark and copyright legislation. The legal version of this piece can be read at https://ledgergazette.com/2017/10/08/phoenix-group-holdings-phnx-given-average-recommendation-of-buy-by-analysts.html.

Phoenix Group Holdings Company Profile

Phoenix Group Holdings is a consolidator of closed life assurance funds specializing in the management and acquisition of closed life and pension funds. The Company’s segment: life assurance (including its management services operations) is referred to as Phoenix Life. It has four operating life companies, which hold policyholder assets and a distribution business, SunLife.

Analyst Recommendations for Phoenix Group Holdings (LON:PHNX)

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