Personal Group (LON:PGH) Hits New 1-Year High - Should You Buy?

Key Points

• Personal Group Holdings Plc reached a new 52-week high of GBX 336 ($4.51) in mid-day trading, indicating strong performance in the stock market.
• Analysts at Canaccord Genuity raised their target price for the stock from GBX 316 ($4.25) to GBX 368 ($4.94) and issued a "buy" rating on the shares.
• Insider trading activity was noted, with key insiders acquiring significant amounts of stock, suggesting confidence in the company's prospects as insiders own 43.90% of the stock.

Personal Group Holdings Plc (LON:PGH - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 336 ($4.51) and last traded at GBX 334.36 ($4.49), with a volume of 52676 shares traded. The stock had previously closed at GBX 332 ($4.46).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group upped their target price on shares of Personal Group from GBX 316 ($4.25) to GBX 368 ($4.94) and gave the company a "buy" rating in a research report on Wednesday, July 23rd.

Personal Group Trading Up 0.7%

The firm's 50 day moving average price is GBX 293.36 and its two-hundred day moving average price is GBX 248.13. The company has a market capitalization of £103.07 million, a P/E ratio of 22.43 and a beta of 0.46.

Insider Buying and Selling at Personal Group

In related news, insider Sarah Mace acquired 6,927 shares of Personal Group stock in a transaction on Thursday, May 15th. The stock was purchased at an average cost of GBX 291 ($3.91) per share, with a total value of £20,157.57 ($27,086.23). Also, insider Paula Constant acquired 6,958 shares of Personal Group stock in a transaction on Friday, May 16th. The shares were bought at an average cost of GBX 287 ($3.86) per share, with a total value of £19,969.46 ($26,833.46). 43.90% of the stock is currently owned by company insiders.

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.

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