Personal Group (LON:PGH) Research Coverage Started at Canaccord Genuity Group

Equities researchers at Canaccord Genuity Group started coverage on shares of Personal Group (LON:PGH) in a report released on Tuesday, LSE.Co.UK reports. The firm set a “buy” rating and a GBX 209 ($2.80) price target on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 22.70% from the company’s current price.

Personal Group Stock Up 4.5 %

Shares of LON:PGH traded up GBX 7.34 ($0.10) during trading on Tuesday, hitting GBX 170.34 ($2.28). 77,343 shares of the company were exchanged, compared to its average volume of 28,005. The stock has a market capitalization of £53.06 million, a P/E ratio of 1,310.27 and a beta of 0.46. The company has a debt-to-equity ratio of 3.52, a current ratio of 2.39 and a quick ratio of 2.78. Personal Group has a 12-month low of GBX 145.02 ($1.94) and a 12-month high of GBX 193 ($2.58). The firm’s 50 day moving average price is GBX 163.12 and its 200-day moving average price is GBX 166.57.

About Personal Group

Personal Group Holdings Plc provides benefits and platform products, pay and reward consultancy services, and salary sacrifice technology products in the United Kingdom. It operates through four segments: Affordable Insurance, Other Owned Benefits, Benefits Platform, and Pay and Reward. The company offers insurance products, including hospital plans, convalescence plans, and death benefit policies; and consultancy and software solutions services on pay and reward services, as well as a suite of cloud-based SaaS solutions and surveys.