Analyst Price Target is GBX 775.33
▲ +11.53% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Phoenix Group in the last 3 months. The average price target is GBX 775.33, with a high forecast of GBX 793 and a low forecast of GBX 740. The average price target represents a 11.53% upside from the last price of GBX 695.20.
Current Consensus is
The current consensus among 4 contributing investment analysts is to hold stock in Phoenix Group. This rating has held steady since September 2019, when it changed from a Buy consensus rating.
Phoenix Group Holdings plc engages in the long-term savings and retirement busines in Europe. The company operates through UK Heritage, UK Open, Europe, ReAssure, and Management Services segments. It engages in the management of insurance policies, which include active and closed life insurance products. The company also provides workplace pensions, and customer savings and investments products under the Standard Life brand. Its retirement solutions business includes vesting annuities and bulk purchase annuity business, where it acquires annuities and deliver the financial stability for secure pensions. The company also offers a range of financial products for the over 50s market under the SunLife brand, which cover life cover, equity release, funeral plans, and home insurance. Phoenix Group Holdings plc has a strategic partnership with Standard Life Aberdeen plc. The company was formerly known as Pearl Group and changed its name to Phoenix Group Holdings plc in March 2010. Phoenix Group Holdings plc was founded in 1782 and is based in London, the United Kingdom.