JPMorgan Chase & Co. Issues Positive Forecast for Phoenix Group (LON:PHNX) Stock Price

Posted by ABMN Staff on Mar 30th, 2025

Phoenix Group (LON:PHNX – Get Free Report) had its price objective upped by equities researchers at JPMorgan Chase & Co. from GBX 500 ($6.47) to GBX 565 ($7.31) in a research report issued to clients and investors on Friday, Marketbeat.com reports. The brokerage presently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s price objective suggests a potential downside of 1.05% from the stock’s previous close.

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 650 ($8.41) price target on shares of Phoenix Group in a research report on Monday, February 17th.

View Our Latest Stock Analysis on PHNX

Phoenix Group Stock Down 0.6 %

PHNX stock opened at GBX 571 ($7.39) on Friday. The firm has a market cap of £5.71 billion, a PE ratio of -10.94, a P/E/G ratio of 1.95 and a beta of 0.73. Phoenix Group has a 12 month low of GBX 475 ($6.15) and a 12 month high of GBX 590 ($7.64). The company has a debt-to-equity ratio of 160.32, a current ratio of 3.30 and a quick ratio of 0.12. The firm has a 50 day simple moving average of GBX 526.05 and a 200 day simple moving average of GBX 520.15.

Phoenix Group (LON:PHNX – Get Free Report) last announced its quarterly earnings data on Tuesday, March 18th. The company reported GBX 45.40 ($0.59) EPS for the quarter. Phoenix Group had a negative return on equity of 21.76% and a negative net margin of 2.10%. Equities research analysts forecast that Phoenix Group will post 51.179941 earnings per share for the current fiscal year.

Insider Buying and Selling at Phoenix Group

In other Phoenix Group news, insider Andrew Briggs sold 151,586 shares of Phoenix Group stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of GBX 582 ($7.53), for a total transaction of £882,230.52 ($1,141,898.16). Company insiders own 14.96% of the company’s stock.

About Phoenix Group

(Get Free Report)

Phoenix is the UK’s largest long-term savings and retirement business with c. £300 billion of assets under administration and c. 12 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.