Phoenix Group (LON:PHNX) Stock Rating Reaffirmed by The Goldman Sachs Group

Phoenix Group (LON:PHNX)‘s stock had its “sell” rating restated by stock analysts at The Goldman Sachs Group in a note issued to investors on Wednesday, Marketbeat.com reports.

Separately, JPMorgan Chase & Co. lifted their price objective on shares of Phoenix Group from GBX 505 ($6.67) to GBX 510 ($6.74) and gave the stock an “underweight” rating in a report on Wednesday. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of GBX 604.50 ($7.99).

Phoenix Group Trading Up 1.3 %

LON:PHNX opened at GBX 548 ($7.24) on Wednesday. Phoenix Group has a 52 week low of GBX 436.40 ($5.76) and a 52 week high of GBX 581.22 ($7.68). The company has a quick ratio of 0.12, a current ratio of 0.19 and a debt-to-equity ratio of 176.72. The company has a market cap of £5.48 billion, a PE ratio of -3,914.29, a P/E/G ratio of 1.95 and a beta of 0.73. The business’s 50 day moving average is GBX 549.15 and its two-hundred day moving average is GBX 523.34.

About Phoenix Group

Phoenix Group Holdings plc operates in the long-term savings and retirement business in Europe. The company operates through five segments: Retirement Solutions, Pensions & Savings, With-Profits, SunLife & Protection, and Europe & Other. It provides a range of savings and retirement income products to support people across various stages of the savings life cycle.