Shore Capital Reaffirms Under Review Rating for Phoenix Group (LON:PHNX)

Shore Capital reiterated their under review rating on shares of Phoenix Group (LON:PHNX) in a research report sent to investors on Tuesday, Price Targets.com reports.

PHNX has been the topic of several other reports. Berenberg Bank reiterated a hold rating and set a GBX 790 ($10.72) target price on shares of Phoenix Group in a research report on Thursday, January 6th. Deutsche Bank Aktiengesellschaft reiterated a hold rating on shares of Phoenix Group in a research report on Tuesday, October 19th. Finally, Barclays reiterated an overweight rating and set a GBX 800 ($10.86) target price on shares of Phoenix Group in a research report on Wednesday, October 20th. Three equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of Hold and an average price target of GBX 766.33 ($10.40).

Shares of Phoenix Group stock opened at GBX 678 ($9.20) on Tuesday. The company has a debt-to-equity ratio of 63.28, a quick ratio of 0.10 and a current ratio of 0.27. The firm’s 50-day simple moving average is GBX 654.77 and its 200-day simple moving average is GBX 657.99. Phoenix Group has a twelve month low of GBX 616.40 ($8.37) and a twelve month high of GBX 764.37 ($10.38). The firm has a market cap of £6.78 billion and a P/E ratio of -14.74.

Phoenix Group Company Profile

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.

See Also: Bollinger Bands

Receive News & Ratings for Phoenix Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Phoenix Group and related companies with MarketBeat.com's FREE daily email newsletter.