Phoenix Group Holdings plc (OTCMKTS:PNXGF) Receives $722.50 Consensus Price Target from Brokerages

Phoenix Group Holdings plc (OTCMKTS:PNXGFGet Rating) has been assigned an average recommendation of “Buy” from the ten analysts that are covering the stock, Marketbeat reports. Six analysts have rated the stock with a buy recommendation. The average 1-year price target among brokerages that have covered the stock in the last year is $722.50.

A number of equities analysts have commented on the stock. Barclays cut their price objective on shares of Phoenix Group from GBX 804 ($9.91) to GBX 780 ($9.62) in a report on Monday, April 4th. Morgan Stanley cut their price objective on shares of Phoenix Group from GBX 740 ($9.12) to GBX 710 ($8.75) in a report on Tuesday, April 5th. Investec upgraded shares of Phoenix Group to a “buy” rating in a report on Tuesday, January 18th. JPMorgan Chase & Co. upgraded shares of Phoenix Group from a “neutral” rating to an “overweight” rating in a report on Thursday, March 31st. Finally, The Goldman Sachs Group upgraded shares of Phoenix Group from a “neutral” rating to a “buy” rating in a report on Sunday.

Shares of Phoenix Group stock opened at $7.10 on Friday. The company has a fifty day moving average price of $7.94 and a 200 day moving average price of $8.53. Phoenix Group has a twelve month low of $7.10 and a twelve month high of $10.24.

About Phoenix Group (Get Rating)

Phoenix Group Holdings plc engages in the long-term savings and retirement busines in Europe. The company operates through UK Heritage, UK Open, Europe, and Management Services segments. The UK Heritage segment accepts incremental premiums on in-force policies. The UK Open segment offers workplace pensions and self-invested personal pensions products under the SunLife brand.

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Analyst Recommendations for Phoenix Group (OTCMKTS:PNXGF)

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