Phoenix Group (LON:PHNX) Insider Nicolaos Nicandrou Buys 23 Shares

Phoenix Group Holdings plc (LON:PHNX) insider Nicolaos Nicandrou acquired 23 shares of the stock in a transaction that occurred on Thursday, November 6th. The stock was acquired at an average cost of GBX 674 per share, for a total transaction of £155.02.

Nicolaos Nicandrou also recently made the following trade(s):

• On Monday, October 6th, Nicolaos Nicandrou acquired 22 shares of Phoenix Group stock. The stock was acquired at an average cost of GBX 500 per share, for a total transaction of £110.

Phoenix Group Stock Up 0.6%

PHNX stock traded up GBX 4 during midday trading on Thursday, hitting GBX 683.50. The company’s stock had a trading volume of 2,304,157 shares, compared to its average volume of 7,398,500. The company has a market cap of £6.83 billion, a PE ratio of -10.78, a P/E/G ratio of 1.95 and a beta of 0.73. Phoenix Group Holdings plc has a 12 month low of GBX 475.20 and a 12 month high of GBX 699.50. The company has a current ratio of 3.30, a quick ratio of 0.12 and a debt-to-equity ratio of 160.32. The firm’s 50-day moving average is GBX 659.48 and its 200-day moving average is GBX 649.54.

Phoenix Group (LON:PHNX) last released its quarterly earnings data on Monday, September 8th. The company reported GBX (18.20) earnings per share (EPS) for the quarter. Phoenix Group had a negative net margin of 2.10% and a negative return on equity of 21.76%. On average, equities research analysts forecast that Phoenix Group Holdings plc will post 51.179941 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on PHNX shares. UBS Group reissued a “neutral” rating and set a GBX 630 price target on shares of Phoenix Group in a report on Friday, September 5th. Berenberg Bank increased their price target on Phoenix Group from GBX 850 to GBX 852 and gave the company a “buy” rating in a report on Monday, October 13th. Finally, Royal Bank Of Canada lowered their price target on Phoenix Group from GBX 725 to GBX 690 and set an “outperform” rating on the stock in a report on Thursday, July 24th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of GBX 684.25.

About Phoenix Group

Phoenix is the UK’s largest long-term savings and retirement business with c. £300 billion of assets under administration and c. 12 million customers.
We are a constituent of the FTSE 100 with c. 7,800 colleagues and offer a broad range of products to support people across all stages of the savings life cycle.
We are a growing and sustainable business with a clear purpose – helping people secure a life of possibilities.