Shares of Phoenix Group Holdings plc (OTCMKTS:PNXGF) have been given an average recommendation of “Buy” by the seven ratings firms that are covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and four have issued a buy rating on the company.
Several brokerages recently commented on PNXGF. Barclays reaffirmed an “overweight” rating on shares of Phoenix Group in a research report on Tuesday, March 30th. Credit Suisse Group assumed coverage on shares of Phoenix Group in a research report on Thursday, July 1st. They set an “outperform” rating for the company. Investec lowered shares of Phoenix Group to a “buy” rating in a research report on Wednesday, June 9th. Morgan Stanley reissued an “overweight” rating on shares of Phoenix Group in a research report on Wednesday. Finally, Berenberg Bank assumed coverage on shares of Phoenix Group in a research report on Thursday, June 24th. They set a “hold” rating for the company.
Shares of Phoenix Group stock opened at $9.30 on Monday. The firm has a 50 day moving average of $9.88. Phoenix Group has a 52 week low of $8.51 and a 52 week high of $10.40.
Phoenix Group Holdings plc engages in the long-term savings and retirement busines in Europe. The company operates through UK Heritage, UK Open, Europe, ReAssure, and Management Services segments. It engages in the management of insurance policies, which include active and closed life insurance products.
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