Personal Group (LON:PGH) Sets New 1-Year High – Should You Buy?

Shares of Personal Group Holdings Plc (LON:PGH) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 420 and last traded at GBX 415, with a volume of 116399 shares changing hands. The stock had previously closed at GBX 410.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group lifted their price objective on Personal Group from GBX 415 to GBX 465 and gave the company a “buy” rating in a research note on Wednesday, July 22nd. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Personal Group has a consensus rating of “Moderate Buy” and a consensus price target of GBX 547.50.

Personal Group Stock Down 1.7%

The firm has a 50 day moving average price of GBX 398.57 and a two-hundred day moving average price of GBX 370.92. The company has a quick ratio of 2.77, a current ratio of 72.08 and a debt-to-equity ratio of 1.23. The company has a market capitalization of £127.76 million, a price-to-earnings ratio of 18.35 and a beta of 0.18.

Personal Group Company Profile

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.