Personal Group (LON:PGH) Stock Breaks Above 50 Day Moving Average – Should You Sell?

Shares of Personal Group Holdings Plc (LON:PGH) passed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of GBX 414.94 and traded as high as GBX 428. Personal Group shares last traded at GBX 428, with a volume of 120,553 shares trading hands.

Analysts Set New Price Targets

Several equities research analysts recently commented on PGH shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 465 target price on shares of Personal Group in a report on Tuesday, September 15th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 465 price target on shares of Personal Group in a report on Tuesday, September 15th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Personal Group presently has an average rating of “Moderate Buy” and an average target price of GBX 520.

Personal Group Stock Performance

The business’s fifty day simple moving average is GBX 415.56 and its 200 day simple moving average is GBX 392.32. The stock has a market cap of £135.12 million, a price-to-earnings ratio of 17.33 and a beta of 0.18.

Personal Group (LON:PGH) last announced its earnings results on Tuesday, September 15th. The company reported GBX 12.30 earnings per share for the quarter. Personal Group had a return on equity of 22.40% and a net margin of 16.09%. As a group, analysts forecast that Personal Group Holdings Plc will post 19.08 EPS for the current fiscal year.

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. 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.