Analyst Price Target is $720.71
▲ +9,321.10% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Phoenix Group in the last 3 months. The average price target is $720.71, with a high forecast of $820.00 and a low forecast of $640.00. The average price target represents a 9,321.10% upside from the last price of $7.65.
Current Consensus is
Hold
The current consensus among 6 investment analysts is to hold stock in Phoenix Group. This rating has held steady since January 2023, when it changed from a Buy consensus rating.
Phoenix Group Holdings Plc operates as a life and pensions consolidator. The firm specializes in the acquisition and management of closed life insurance and pension funds. It operates through the following segments: UK Heritage, UK Open, Europe, Management Services, and Unallocated Group. The UK Heritage contains United Kingdom businesses which no longer actively sell products to policyholders and which therefore run-off gradually over time. The UK Open business includes new and in-force life insurance and investment policies in respect of products that the firm continues to actively market to new and existing policyholders. The Europe segment relates to business written in Ireland and Germany. The Management Services segment comprises of income from the life and holding companies in accordance with the respective management service agreements less fees related to the outsourcing of services and other operating costs. The Unallocated Group segment involves the consolidation adjustments and group financing which are managed on a group basis and are not allocated to individual operating segments. The company was founded in 1782 and is headquartered in London, the United Kingdom.
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