Personal Group (LON:PGH) Reaches New 12-Month High – What’s Next?

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

Analysts Set New Price Targets

Separately, Canaccord Genuity Group decreased their target price on Personal Group from GBX 416 to GBX 415 and set a “buy” rating on the stock in a report on Tuesday, March 24th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 522.50.

Personal Group Stock Performance

The business has a fifty day simple moving average of GBX 351.14 and a 200 day simple moving average of GBX 332.99. The stock has a market capitalization of £127.60 million, a price-to-earnings ratio of 18.33 and a beta of 0.15.

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

Insider Buying and Selling at Personal Group

In other news, insider Maria Darby-Walker acquired 306 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were purchased at an average cost of GBX 384 per share, with a total value of £1,175.04. Also, insider Sarah Mace sold 40,530 shares of the company’s stock in a transaction on Wednesday, April 22nd. The shares were sold at an average price of GBX 333, for a total value of £134,964.90. Insiders own 44.77% of the company’s stock.

Personal Group Company Profile

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.