Phoenix Group Holdings plc (LON:PHNX) Insider Andrew Briggs Acquires 29 Shares

Phoenix Group Holdings plc (LON:PHNX) insider Andrew Briggs acquired 29 shares of the stock in a transaction dated Monday, January 6th. The shares were bought at an average cost of GBX 514 ($6.41) per share, with a total value of £149.06 ($185.95).

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

• On Tuesday, November 5th, Andrew Briggs bought 31 shares of Phoenix Group stock. The stock was bought at an average cost of GBX 498 ($6.21) per share, with a total value of £154.38 ($192.59).

Phoenix Group Stock Down 1.6 %

Shares of PHNX stock opened at GBX 508.50 ($6.34) on Wednesday. The firm’s fifty day moving average price is GBX 505.90 and its two-hundred day moving average price is GBX 528.45. The company has a current ratio of 0.19, a quick ratio of 0.12 and a debt-to-equity ratio of 132.01. Phoenix Group Holdings plc has a 1 year low of GBX 475 ($5.93) and a 1 year high of GBX 581.22 ($7.25). The firm has a market capitalization of £5.09 billion, a P/E ratio of -959.43, a PEG ratio of 1.95 and a beta of 0.73.

Analyst Upgrades and Downgrades

Several analysts have issued reports on PHNX shares. 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 target price on Phoenix Group from GBX 505 ($6.30) to GBX 510 ($6.36) and gave the company an “underweight” rating in a research report 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.