Phoenix Group Holdings on Focus After Raising In Today’s Session

 Phoenix Group Holdings on Focus After Raising In Today's Session

The stock of Phoenix Group Holdings (LON:PHNX) is a huge mover today! The stock increased 1.09% or GBX 7.64 on November 3, hitting GBX 711.14. About 1.83M shares traded hands or 75.96% up from the average. Phoenix Group Holdings (LON:PHNX) has declined 22.06% since April 6, 2016 and is downtrending. It has underperformed by 23.27% the S&P500.
The move comes after 9 months positive chart setup for the GBX 2.79 billion company. It was reported on Nov, 3 by Barchart.com. We have GBX 903.15 PT which if reached, will make LON:PHNX worth GBX 753.30M more.

Phoenix Group Holdings (LON:PHNX) Ratings Coverage

Out of 11 analysts covering Phoenix Group Holdings (LON:PHNX), 4 rate it a “Buy”, 2 “Sell”, while 5 “Hold”. This means 36% are positive. Phoenix Group Holdings has been the topic of 50 analyst reports since July 23, 2015 according to StockzIntelligence Inc. Shore Capital maintained Phoenix Group Holdings (LON:PHNX) on Friday, June 24 with “Hold” rating. Canaccord Genuity maintained it with “Hold” rating and GBX 850 target price in Friday, August 28 report. Numis Securities maintained the shares of PHNX in a report on Thursday, September 29 with “Add” rating. The firm has “Overweight” rating given on Thursday, August 13 by JP Morgan. The stock has “Underweight” rating given by Barclays Capital on Wednesday, February 17. On Friday, October 23 the stock rating was maintained by JP Morgan with “Overweight”. The stock of Phoenix Group Holdings (LON:PHNX) earned “Hold” rating by HSBC on Friday, August 26. The stock of Phoenix Group Holdings (LON:PHNX) has “Hold” rating given on Thursday, October 22 by HSBC. JP Morgan maintained the stock with “Overweight” rating in Tuesday, October 13 report. The firm earned “Overweight” rating on Thursday, August 20 by JP Morgan.

Another recent and important Phoenix Group Holdings (LON:PHNX) news was published by Bloomberg.com which published an article titled: “Phoenix Group Is in Talks to Buy Cinven’s Guardian Financial” on September 17, 2015.

Phoenix Group Holdings is a specialist closed life assurance fund consolidator that specializes in the management and acquisition of closed life and pension funds. The company has a market cap of 2.79 billion GBP. The Firm operates through the Phoenix Life segment. It has a 12.33 P/E ratio. The Phoenix Life segment provides a range of whole life, term assurance and pension products.

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