Phoenix Group Holdings (PHNX) Price Target Raised to GBX 820

Phoenix Group Holdings (LON:PHNX) had its price objective upped by HSBC Holdings PLC from GBX 810 ($10.65) to GBX 820 ($10.79) in a report published on Thursday morning. They currently have a hold rating on the stock.

A number of other research firms have also recently commented on PHNX. J P Morgan Chase & Co boosted their price target on shares of Phoenix Group from GBX 826 ($10.86) to GBX 837 ($11.01) and gave the stock an overweight rating in a research note on Friday, August 4th. Shore Capital reissued a buy rating on shares of Phoenix Group in a research note on Thursday, August 24th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of Hold and an average price target of GBX 805.13 ($10.59).

Phoenix Group (LON PHNX) opened at GBX 753.50 ($9.91) on Thursday. Phoenix Group has a 12 month low of GBX 694.98 ($9.14) and a 12 month high of GBX 817.48 ($10.75).

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Phoenix Group Company Profile

Phoenix Group Holdings is a consolidator of closed life assurance funds specializing in the management and acquisition of closed life and pension funds. The Company’s segment: life assurance (including its management services operations) is referred to as Phoenix Life. It has four operating life companies, which hold policyholder assets and a distribution business, SunLife.

Analyst Recommendations for Phoenix Group (LON:PHNX)

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