Personal Group (LON:PGH) Releases Quarterly Earnings Results

Personal Group (LON:PGH) issued its earnings results on Tuesday. The company reported GBX 23.30 earnings per share for the quarter, Digital Look Earnings reports. Personal Group had a return on equity of 19.04% and a net margin of 14.41%.

Personal Group Stock Up 10.3%

PGH stock traded up GBX 31 during midday trading on Tuesday, reaching GBX 333. The company had a trading volume of 195,675 shares, compared to its average volume of 59,696. The firm has a market capitalization of £103.90 million, a PE ratio of 13.88 and a beta of 0.32. The stock has a 50 day moving average price of GBX 314.13 and a 200 day moving average price of GBX 325.51. Personal Group has a fifty-two week low of GBX 216.25 and a fifty-two week high of GBX 404.

Wall Street Analyst Weigh In

Several analysts have issued reports on PGH shares. Canaccord Genuity Group lowered their price objective on shares of Personal Group from GBX 416 to GBX 415 and set a “buy” rating for the company in a research report on Tuesday. Peel Hunt reissued a “hold” rating and issued a GBX 630 price objective on shares of Personal Group in a report on Monday, November 24th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 522.50.

Personal Group Company Profile

Personal Group Holdings Plc (AIM: PGH) is a workforce benefits and health insurance provider. Its vision is to be the champion of affordable and accessible insurance and benefits, keeping businesses and their employees happy, healthy and protected. The Group is proud to support the health and wellbeing of c. 1.25 million UK employees.

The Group’s insurance provides employees with access to affordable, individual policies for hospital, recovery and death benefit plans. The Group’s award-winning benefits platform, Hapi, brings together extensive employee benefits, discounts and rewards, in one responsive platform.