Personal Group (LON:PGH) Posts Earnings Results

Key Points

• Personal Group (LON:PGH) reported earnings of GBX 9.60 per share for the quarter, with a net margin of 13.49% and a return on equity of 14.40%.
• The company's shares opened at GBX 363.50, and Canaccord Genuity Group raised their target price to GBX 368, maintaining a "buy" rating on the stock.
• Personal Group currently has a consensus rating of "Buy" from analysts, with an average price target of GBX 288.50.

Personal Group (LON:PGH - Get Free Report) released its quarterly earnings data on Tuesday. The company reported GBX 9.60 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Personal Group had a net margin of 13.49% and a return on equity of 14.40%.

Personal Group Price Performance

Shares of PGH stock traded down GBX 10 during trading hours on Friday, reaching GBX 354. The stock had a trading volume of 60,448 shares, compared to its average volume of 47,312. Personal Group has a twelve month low of GBX 162 and a twelve month high of GBX 404. The firm has a 50-day simple moving average of GBX 347.90 and a 200-day simple moving average of GBX 290.63. The firm has a market capitalization of £110.45 million, a PE ratio of 1,761.19 and a beta of 0.46.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group increased their price objective on shares of Personal Group from GBX 368 to GBX 416 and gave the stock a "buy" rating in a research report on Tuesday. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Personal Group currently has an average rating of "Buy" and an average target price of GBX 312.50.

About Personal Group

Personal Group Holdings Plc AIM: PGH is a workforce benefits and health insurance provider. Its vision is to be the champion of affordable and accessible insurance and benefits, keeping businesses and their employees happy, healthy and protected. The Group is proud to support the health and wellbeing of c.