Personal Group (LON:PGH) Shares Cross Above Fifty Day Moving Average – Here’s Why

Personal Group Holdings Plc (LON:PGH) crossed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of GBX 418.40 and traded as high as GBX 433. Personal Group shares last traded at GBX 428.88, with a volume of 13,200 shares trading hands.

Analysts Set New Price Targets

Several brokerages recently weighed in on PGH. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 465 target price on shares of Personal Group in a research note on Tuesday, September 15th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 465 target price on shares of Personal Group in a report on Tuesday, September 15th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 520.

Personal Group Stock Performance

The company has a market capitalization of £135.40 million, a P/E ratio of 17.36 and a beta of 0.18. The company has a 50-day simple moving average of GBX 418.40 and a 200 day simple moving average of GBX 394.92.

Personal Group (LON:PGH) last announced its quarterly earnings data on Tuesday, September 15th. The company reported GBX 12.30 EPS for the quarter. Personal Group had a net margin of 16.09% and a return on equity of 22.40%. As a group, sell-side analysts forecast that Personal Group Holdings Plc will post 19.08 earnings per share for the current year.

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.