Phoenix Group (LON:PHNX – Free Report) had its target price increased by JPMorgan Chase & Co. from GBX 500 ($6.43) to GBX 505 ($6.50) in a report released on Thursday morning, Marketbeat.com reports. JPMorgan Chase & Co. currently has an underweight rating on the stock.
Separately, Berenberg Bank cut their target price on Phoenix Group from GBX 739 ($9.51) to GBX 650 ($8.36) and set a buy rating on the stock in a research report on Friday, April 19th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of Hold and a consensus target price of GBX 610.60 ($7.85).
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Phoenix Group Trading Down 2.6 %
Phoenix Group Company Profile
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.
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