Shares of Phoenix Group Holdings (LON:PHNX) have been given a consensus recommendation of “Hold” by the ten research firms that are presently covering the company. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is GBX 901.78 ($11.77).
Several equities research analysts recently weighed in on PHNX shares. Canaccord Genuity reduced their price target on shares of Phoenix Group Holdings from GBX 975 ($12.73) to GBX 830 ($10.83) and set a “buy” rating on the stock in a research report on Monday, June 27th. HSBC boosted their price target on shares of Phoenix Group Holdings from GBX 884 ($11.54) to GBX 920 ($12.01) and gave the stock a “hold” rating in a research report on Friday, August 26th. Shore Capital restated a “hold” rating on shares of Phoenix Group Holdings in a research report on Friday, June 24th. Finally, Numis Securities Ltd started coverage on shares of Phoenix Group Holdings in a research report on Tuesday, September 13th. They issued an “add” rating and a GBX 938 ($12.24) price target on the stock.
Phoenix Group Holdings (LON:PHNX) opened at 877.50 on Thursday. Phoenix Group Holdings has a 52 week low of GBX 717.50 and a 52 week high of GBX 952.00. The company has a 50 day moving average of GBX 855.91 and a 200 day moving average of GBX 848.48. The company’s market capitalization is GBX 2.00 billion.
The business also recently announced a dividend, which was paid on Monday, October 3rd. Stockholders of record on Thursday, September 8th were paid a dividend of GBX 26.70 ($0.35) per share. This represents a dividend yield of 3.22%. The ex-dividend date was Thursday, September 8th.
About Phoenix Group Holdings
Phoenix Group Holdings is a specialist closed life assurance fund consolidator that specializes in the management and acquisition of closed life and pension funds. The Company operates through the Phoenix Life segment. The Phoenix Life segment provides a range of whole life, term assurance and pension products.
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