Phoenix Group (LON:PHNX) Insider Purchases £110 in Stock

Phoenix Group Holdings plc (LON:PHNX) insider Nicolaos Nicandrou bought 22 shares of the stock in a transaction dated Monday, October 6th. The shares were bought at an average price of GBX 500 per share, for a total transaction of £110.

Nicolaos Nicandrou also recently made the following trade(s):

• On Tuesday, August 5th, Nicolaos Nicandrou purchased 22 shares of Phoenix Group stock. The shares were purchased at an average cost of GBX 509 per share, for a total transaction of £111.98.

Phoenix Group Trading Up 0.5%

PHNX opened at GBX 664.50 on Friday. Phoenix Group Holdings plc has a one year low of GBX 475.20 and a one year high of GBX 699.50. The stock has a market capitalization of £6.64 billion, a PE ratio of -1,048.11, a P/E/G ratio of 1.95 and a beta of 0.73. The business’s 50 day moving average price is GBX 665.22 and its 200 day moving average price is GBX 633.04. The company has a debt-to-equity ratio of 160.32, a quick ratio of 0.12 and a current ratio of 3.30.

Phoenix Group (LON:PHNX) last released its quarterly earnings data on Monday, September 8th. The company reported GBX (18.20) EPS for the quarter. Phoenix Group had a negative net margin of 2.10% and a negative return on equity of 21.76%. As a group, equities research analysts expect that Phoenix Group Holdings plc will post 51.179941 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts recently commented on PHNX shares. UBS Group reiterated a “neutral” rating and issued a GBX 630 price objective on shares of Phoenix Group in a report on Friday, September 5th. Royal Bank Of Canada cut their target price on Phoenix Group from GBX 725 to GBX 690 and set an “outperform” rating on the stock in a research report on Thursday, July 24th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 850 target price on shares of Phoenix Group in a research report on Wednesday, September 3rd. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Phoenix Group has an average rating of “Hold” and a consensus price target of GBX 683.75.

Phoenix Group Company Profile

Phoenix is the UK’s largest long-term savings and retirement business with c. £300 billion of assets under administration and c. 12 million customers.
We are a constituent of the FTSE 100 with c. 7,800 colleagues and offer a broad range of products to support people across all stages of the savings life cycle.
We are a growing and sustainable business with a clear purpose – helping people secure a life of possibilities.