Insider Buying: Phoenix Group Holdings plc (LON:PHNX) Insider Acquires £146.07 in Stock

Phoenix Group Holdings plc (LON:PHNXGet Free Report) insider Andrew Briggs bought 27 shares of the stock in a transaction on Friday, July 5th. The shares were acquired at an average cost of GBX 541 ($6.93) per share, for a total transaction of £146.07 ($187.10).

Andrew Briggs also recently made the following trade(s):

  • On Wednesday, June 5th, Andrew Briggs bought 31 shares of Phoenix Group stock. The shares were acquired at an average cost of GBX 496 ($6.35) per share, for a total transaction of £153.76 ($196.95).
  • On Tuesday, May 7th, Andrew Briggs bought 29 shares of Phoenix Group stock. The shares were acquired at an average cost of GBX 517 ($6.62) per share, for a total transaction of £149.93 ($192.05).

Phoenix Group Trading Up 1.4 %

Shares of LON:PHNX opened at GBX 542.50 ($6.95) on Thursday. The company has a market cap of £5.43 billion, a P/E ratio of -3,875.00, a P/E/G ratio of 1.95 and a beta of 0.77. The stock’s 50-day moving average is GBX 508.77 and its 200-day moving average is GBX 509.74. Phoenix Group Holdings plc has a 52-week low of GBX 436.40 ($5.59) and a 52-week high of GBX 564.80 ($7.23). The company has a debt-to-equity ratio of 176.72, a quick ratio of 0.12 and a current ratio of 0.19.

Wall Street Analyst Weigh In

Several research firms have commented on PHNX. JPMorgan Chase & Co. increased their target price on shares of Phoenix Group from GBX 445 ($5.70) to GBX 525 ($6.72) and gave the stock an “underweight” rating in a research report on Wednesday, April 10th. Berenberg Bank lowered their price target on Phoenix Group from GBX 739 ($9.47) to GBX 650 ($8.33) and set a “buy” rating on the stock in a research report on Friday, April 19th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of GBX 614.60 ($7.87).

View Our Latest Research Report on PHNX

About Phoenix Group

(Get Free Report)

Phoenix Group Holdings plc operates in the long-term savings and retirement business in Europe. The company operates through five segments: Retirement Solutions, Pensions & Savings, With-Profits, SunLife & Protection, and Europe & Other. It provides a range of savings and retirement income products to support people across various stages of the savings life cycle.

See Also

Insider Buying and Selling by Quarter for Phoenix Group (LON:PHNX)

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