Phoenix Group (OTCMKTS:PNXGF) Trading 2.8% Higher – Time to Buy?

Phoenix Group Holdings plc (OTCMKTS:PNXGFGet Free Report) traded up 2.8% during trading on Thursday . The stock traded as high as $10.2950 and last traded at $10.2950. 400 shares changed hands during trading, a decline of 66% from the average session volume of 1,188 shares. The stock had previously closed at $10.01.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded shares of Phoenix Group from a “sell” rating to a “neutral” rating in a report on Wednesday, January 21st. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Phoenix Group currently has a consensus rating of “Moderate Buy”.

Read Our Latest Report on Phoenix Group

Phoenix Group Price Performance

The firm’s fifty day moving average is $9.49 and its 200-day moving average is $9.53.

About Phoenix Group

(Get Free Report)

Phoenix Group Holdings plc is a leading UK-based consolidator of closed life insurance and pension funds. The company specialises in acquiring and managing legacy policies from a range of sellers, including insurers, banks and other financial institutions. By bringing together dispersed portfolios under a single operational platform, Phoenix Group aims to optimise capital efficiency and deliver cost-effective administration for policyholders.

The group’s core services include the management of life assurance, annuity and pension policies, alongside tailored solutions for individual and corporate clients.

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