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

Personal Group Holdings Plc (LON:PGH) shares hit a new 52-week high during trading on Thursday. The stock traded as high as GBX 455 and last traded at GBX 446.50, with a volume of 28,499 shares traded. The stock had previously closed at GBX 452.50.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on PGH. Canaccord Genuity Group restated a “buy” rating and set a GBX 465 price target on shares of Personal Group in a report on Tuesday, September 15th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 465 price objective on shares of Personal Group in a research note on Tuesday, September 15th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 520.

Personal Group Stock Down 1.3%

The firm has a market cap of £140.96 million, a price-to-earnings ratio of 18.08 and a beta of 0.18. The company has a 50-day moving average price of GBX 423.97 and a 200 day moving average price of GBX 376.29.

Personal Group (LON:PGH) last posted its quarterly earnings results on Tuesday, September 15th. The company reported GBX 12.30 earnings per share for the quarter. Personal Group had a return on equity of 22.40% and a net margin of 16.09%. Equities analysts forecast that Personal Group Holdings Plc will post 19.08 EPS for the current year.

About Personal Group

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.