Canaccord Genuity Group Issues Positive Forecast for Personal Group (LON:PGH) Stock Price

Personal Group (LON:PGH) had its price objective hoisted by stock analysts at Canaccord Genuity Group from GBX 415 to GBX 465 in a research note issued to investors on Wednesday,Digital Look reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 13.41% from the stock’s previous close.

Personal Group Stock Up 3.1%

Personal Group stock opened at GBX 410 on Wednesday. The company has a debt-to-equity ratio of 1.23, a current ratio of 72.08 and a quick ratio of 2.77. The stock has a market capitalization of £129.17 million, a PE ratio of 18.55 and a beta of 0.18. Personal Group has a 12 month low of GBX 280 and a 12 month high of GBX 417. The business has a 50 day simple moving average of GBX 393.31 and a 200-day simple moving average of GBX 349.92.

Insider Activity

In other news, insider Maria Darby-Walker acquired 306 shares of the company’s stock in a transaction dated Tuesday, May 12th. The stock was acquired at an average cost of GBX 384 per share, with a total value of £1,175.04. Company insiders own 44.76% of the company’s stock.

About Personal Group

Personal Group Holdings Plc (AIM: PGH) is a workforce benefits and 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 over 1 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.