Andrew Briggs Buys 29 Shares of Phoenix Group Holdings plc (LON:PHNX) Stock

Phoenix Group Holdings plc (LON:PHNX) insider Andrew Briggs bought 29 shares of the business’s stock in a transaction on Monday, January 6th. The stock was bought at an average price of GBX 514 ($6.35) per share, for a total transaction of £149.06 ($184.25).

Andrew Briggs also recently made the following trade(s):

• On Tuesday, November 5th, Andrew Briggs acquired 31 shares of Phoenix Group stock. The stock was purchased at an average cost of GBX 498 ($6.16) per share, for a total transaction of £154.38 ($190.83).

Phoenix Group Stock Performance

Shares of LON PHNX opened at GBX 491 ($6.07) on Thursday. Phoenix Group Holdings plc has a 1 year low of GBX 475 ($5.87) and a 1 year high of GBX 581.22 ($7.18). The company has a debt-to-equity ratio of 132.01, a quick ratio of 0.12 and a current ratio of 0.19. The stock has a fifty day moving average price of GBX 505.71 and a two-hundred day moving average price of GBX 528.42. The firm has a market cap of £4.91 billion, a P/E ratio of -926.42, a PEG ratio of 1.95 and a beta of 0.73.

Analysts Set New Price Targets

A number of research firms have issued reports on PHNX. The Goldman Sachs Group reissued a “sell” rating on shares of Phoenix Group in a research note on Wednesday, September 18th. JPMorgan Chase & Co. lifted their price objective on shares of Phoenix Group from GBX 505 ($6.24) to GBX 510 ($6.30) and gave the company an “underweight” rating in a research note on Wednesday, September 18th.

Phoenix Group Company Profile

Phoenix is the UK’s largest long-term savings and retirement business with c. £300 billion of assets under administration and c. 13 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.