Personal Group (LON:PGH) Stock Crosses Above 50-Day Moving Average – Time to Sell?

Personal Group Holdings Plc (LON:PGH) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 330.01 and traded as high as GBX 334. Personal Group shares last traded at GBX 322, with a volume of 18,617 shares trading hands.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on PGH. Canaccord Genuity Group boosted their target price on Personal Group from GBX 368 to GBX 416 and gave the stock a “buy” rating in a report on Tuesday, September 16th. Peel Hunt reissued a “hold” rating and set a GBX 630 price objective on shares of Personal Group in a research note on Monday, November 24th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 523.

Personal Group Stock Performance

The firm’s 50 day moving average price is GBX 330.01 and its two-hundred day moving average price is GBX 329.21. The firm has a market cap of £100.46 million, a PE ratio of 13.42 and a beta of 0.46.

Personal Group (LON:PGH) last released its quarterly earnings data on Tuesday, December 16th. The company reported GBX 9.60 EPS for the quarter. Personal Group had a return on equity of 14.40% and a net margin of 13.49%. On average, analysts forecast that Personal Group Holdings Plc will post 19.0753425 earnings per share for the current year.

About Personal Group

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.