Personal Group (LON:PGH) Shares Cross Above Fifty Day Moving Average - Time to Sell?

Key Points

• Personal Group shares rose above their 50-day moving average, reaching GBX 433 before last trading at GBX 428.88, compared with a 50-day average of GBX 418.40.
• Analyst sentiment remains positive: two analysts rate the stock “Buy” and one “Hold,” resulting in a “Moderate Buy” consensus and an average price target of GBX 520.
• The company reported quarterly earnings of GBX 12.30 per share, with a 16.09% net margin and 22.40% return on equity; analysts forecast full-year EPS of GBX 19.08.

Personal Group Holdings Plc (LON:PGH - Get Free Report) passed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of GBX 418.40 and traded as high as GBX 433. Personal Group shares last traded at GBX 428.88, with a volume of 13,200 shares.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on PGH. Canaccord Genuity Group reissued a "buy" rating and set a GBX 465 price objective on shares of Personal Group in a report on Tuesday, September 15th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 465 target price on shares of Personal Group in a research note on Tuesday, September 15th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Personal Group presently has an average rating of "Moderate Buy" and an average price target of GBX 520.

Personal Group Price Performance

The stock's fifty day moving average is GBX 418.40 and its 200-day moving average is GBX 394.92. The stock has a market capitalization of £135.40 million, a PE ratio of 17.36 and a beta of 0.18.

Personal Group (LON:PGH - Get Free Report) last released its quarterly earnings data on Tuesday, September 15th. The company reported GBX 12.30 earnings per share for the quarter. Personal Group had a net margin of 16.09% and a return on equity of 22.40%. On average, analysts forecast that Personal Group Holdings Plc will post 19.08 EPS for the current 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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