A statement released earlier today by Berenberg about Phoenix Group Holdings (LON:PHNX) keeps the target price at 821.00GBX
- Updated: February 12, 2017
Stating a potential upside of 0.07%, Berenberg hold steady the price target of Phoenix Group Holdings (LON:PHNX) at 821.00GBX
Previously on Monday January 30, 2017, Deutsche Bank reported on Phoenix Group Holdings (LON:PHNX) increased the target price from 0.00GBX to 835.00GBX. At the time, this indicated a possible upside of 0.11%.
Just yesterday Phoenix Group Holdings (LON:PHNX) traded -0.78% lower at 766.25GBX. Phoenix Group Holdings’s 50-day moving average is 744.96GBX and its 200-day moving average is 785.45GBX. The last closing price is down -2.61% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.06% over the same time period. 802,955 shares of PHNX traded hands, up from an average trading volume of 749,561
Recent Performance Chart
Phoenix Group Holdings has 52 week low of 610.22GBX and a 52 week high of 809.65GBX with a PE ratio of 11.40 and has a market capitalization of 0 GBX.
In addition to Berenberg reporting its target price, a total of 5 firms have released a research note on PHNX. The one year target is 873.80GBX with one analyst rating the company a strong buy, zero equity analysts rating the company a buy, four brokerages rating the company a hold, zero brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Phoenix Group Holdings (LON:PHNX)
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. The Company's functions provide services to Phoenix Life, and manage corporate and strategic activity. Phoenix Life is responsible for the management of the Company's life funds. The Company has over two operating United Kingdom life companies, such as Phoenix Life Limited and Phoenix Life Assurance Limited. Together, these companies comprise over 14 with-profit funds and approximately two non-profit funds. The operating companies hold policyholder assets.
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