Andrew Briggs Acquires 23 Shares of Phoenix Group (LON:PHNX) Stock

Key Points

• Insider Andrew Briggs purchased 23 shares of Phoenix Group at an average price of GBX 489 per share, totaling £112.47, following a previous purchase of 22 shares at GBX 492 each.
• Phoenix Group's stock recently traded down by 0.5%, with current trading at GBX 661, and a market capitalization of £6.60 billion.
• Analysts have mixed ratings on Phoenix Group, with a consensus rating of "Hold" and a price target of GBX 683.75, while Berenberg Bank issued a "buy" rating with a price objective of GBX 850.

Phoenix Group Holdings plc (LON:PHNX - Get Free Report) insider Andrew Briggs bought 23 shares of the business's stock in a transaction that occurred on Monday, October 6th. The shares were acquired at an average price of GBX 489 per share, for a total transaction of £112.47.

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

• On Tuesday, August 5th, Andrew Briggs bought 22 shares of Phoenix Group stock. The stock was acquired at an average price of GBX 492 per share, with a total value of £108.24.

Phoenix Group Trading Down 0.5%

PHNX traded down GBX 3 during trading on Tuesday, hitting GBX 661. The company's stock had a trading volume of 229,064,094 shares, compared to its average volume of 8,774,606. The firm has a market capitalization of £6.60 billion, a P/E ratio of -1,042.59, a PEG ratio of 1.95 and a beta of 0.73. Phoenix Group Holdings plc has a twelve month low of GBX 475.20 and a twelve month high of GBX 699.50. The stock's fifty day moving average price is GBX 664.66 and its 200-day moving average price is GBX 632.02. The company has a quick ratio of 0.12, a current ratio of 3.30 and a debt-to-equity ratio of 160.32.

Phoenix Group (LON:PHNX - Get Free Report) last announced its quarterly earnings data on Monday, September 8th. The company reported GBX (18.20) earnings per share for the quarter. Phoenix Group had a negative net margin of 2.10% and a negative return on equity of 21.76%. Analysts anticipate that Phoenix Group Holdings plc will post 51.179941 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have recently commented on PHNX shares. Royal Bank Of Canada decreased their price objective on Phoenix Group from GBX 725 to GBX 690 and set an "outperform" rating for the company in a report on Thursday, July 24th. UBS Group restated a "neutral" rating and set a GBX 630 price target on shares of Phoenix Group in a research note on Friday, September 5th. Finally, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 850 price objective on shares of Phoenix Group in a research note on Wednesday, September 3rd. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of GBX 683.75.

Phoenix Group Company Profile

Phoenix is the UK's largest long-term savings and retirement business with c. £300 billion of assets under administration and c. 12 million customers. We are a constituent of the FTSE 100 with c. 7,800 colleagues and offer a broad range of products to support people across all stages of the savings life cycle. We are a growing and sustainable business with a clear purpose – helping people secure a life of possibilities.

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