Personal Group (LON:PGH) Hits New 1-Year High - Time to Buy?

Key Points

• Personal Group Holdings Plc reached a new 52-week high, trading at GBX 336 ($4.54) before settling at GBX 332 ($4.48), with 13,482 shares exchanged.
• Analysts from Canaccord Genuity Group raised their target price for the stock from GBX 316 ($4.27) to GBX 368 ($4.97) and issued a "buy" rating.
• Insiders, including Sarah Mace and Paula Constant, have recently made significant purchases of personal shares, highlighting confidence in the company, with insiders owning 43.90% of shares.

Personal Group Holdings Plc (LON:PGH - Get Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 336 ($4.56) and last traded at GBX 332 ($4.50), with a volume of 13482 shares changing hands. The stock had previously closed at GBX 333 ($4.52).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group increased their target price on shares of Personal Group from GBX 316 ($4.29) to GBX 368 ($4.99) and gave the company a "buy" rating in a research report on Wednesday, July 23rd.

Personal Group Trading Up 2.6%

The stock has a market cap of £113.28 million, a price-to-earnings ratio of 24.65 and a beta of 0.46. The stock's 50 day moving average is GBX 306.95 and its two-hundred day moving average is GBX 263.75.

Personal Group Company Profile

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.