Personal Group (LON:PGH) Reaches New 52-Week High – Time to Buy?

Personal Group Holdings Plc (LON:PGH)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 408.80 and last traded at GBX 405, with a volume of 46293 shares trading hands. The stock had previously closed at GBX 393.50.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group cut their price target on Personal Group from GBX 416 to GBX 415 and set a “buy” rating for the company in a research note on Tuesday, March 24th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 522.50.

Personal Group Trading Up 1.5%

The stock has a 50 day moving average of GBX 355.77 and a 200-day moving average of GBX 333.96. The company has a market capitalization of £130.15 million, a P/E ratio of 18.69 and a beta of 0.15.

Personal Group (LON:PGH) last announced its quarterly earnings data on Tuesday, March 24th. The company reported GBX 23.30 earnings per share (EPS) for the quarter. Personal Group had a return on equity of 20.34% and a net margin of 15.06%. As a group, sell-side analysts expect that Personal Group Holdings Plc will post 19.0753425 EPS for the current fiscal year.

Insider Activity at Personal Group

In related news, insider Maria Darby-Walker acquired 306 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was bought at an average cost of GBX 384 per share, for a total transaction of £1,175.04. Also, insider Sarah Mace sold 40,530 shares of the business’s stock in a transaction that occurred on Wednesday, April 22nd. The shares were sold at an average price of GBX 333, for a total value of £134,964.90. 44.77% of the stock is currently owned by corporate insiders.

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.