Phoenix Group (PNXGF) to Release Quarterly Earnings on Monday

Phoenix Group (OTCMKTS:PNXGF) is projected to announce its results before the market opens on Monday, March 16th. Analysts expect the company to announce earnings of $0.3664 per share for the quarter.

Phoenix Group Trading Down 1.5%

Shares of OTCMKTS PNXGF opened at $9.00 on Friday. Phoenix Group has a 52 week low of $6.54 and a 52 week high of $10.45. The business’s 50 day moving average price is $9.85 and its 200 day moving average price is $9.38.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. The Goldman Sachs Group raised shares of Phoenix Group from a “sell” rating to a “neutral” rating in a report on Wednesday, January 21st. UBS Group raised shares of Phoenix Group from a “neutral” rating to a “buy” rating in a report on Wednesday, December 17th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Phoenix Group has a consensus rating of “Moderate Buy”.

Phoenix Group Company Profile

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.