Personal Group (LON:PGH) Share Price Crosses Above 50-Day Moving Average - Time to Sell?

Key Points

• Technical move: Personal Group (LON:PGH) crossed above its 50‑day moving average (GBX 321.52), trading as high as GBX 345 and last at GBX 337 on a volume of 123,286 shares.
• Analyst view: The stock carries a consensus "Moderate Buy" rating with a consensus price target of GBX 522.50, while Canaccord Genuity trimmed its target to GBX 415 and kept a "Buy" rating.
• Key fundamentals: Last quarter EPS was GBX 23.30, with ROE 20.34% and net margin 15.06%; the company has a market cap of £105.14m and a P/E of 15.25.

Personal Group Holdings Plc (LON:PGH - Get Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 321.52 and traded as high as GBX 345. Personal Group shares last traded at GBX 337, with a volume of 123,286 shares.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group decreased their target price on Personal Group from GBX 416 to GBX 415 and set a "buy" rating on the stock in a research note on Tuesday, March 24th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of GBX 522.50.

Personal Group Trading Down 0.9%

The business has a fifty day moving average price of GBX 321.52 and a 200-day moving average price of GBX 324.61. The stock has a market capitalization of £105.14 million, a PE ratio of 15.25 and a beta of 0.16.

Personal Group (LON:PGH - Get Free Report) last posted its quarterly earnings data on Tuesday, March 24th. The company reported GBX 23.30 earnings per share (EPS) for the quarter. Personal Group had a return on equity of 20.34% and a net margin of 15.06%. On average, equities analysts anticipate that Personal Group Holdings Plc will post 19.0753425 earnings per share for the current fiscal year.

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. 1.25 million UK employees. The Group's insurance provides employees with access to affordable, individual policies for hospital, recovery and death benefit plans. The Group's award-winning benefits platform, Hapi, brings together extensive employee benefits, discounts and rewards, in one responsive platform.

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