Personal Group (LON:PGH) Trading Up 10.6% – What’s Next?

Personal Group Holdings Plc (LON:PGH) shares were up 10.6% during mid-day trading on Tuesday . The stock traded as high as GBX 338 and last traded at GBX 333.98. Approximately 236,086 shares changed hands during mid-day trading, an increase of 291% from the average daily volume of 60,405 shares. The stock had previously closed at GBX 302.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on PGH. Peel Hunt restated a “hold” rating and set a GBX 630 price objective on shares of Personal Group in a research report on Monday, November 24th. Canaccord Genuity Group reduced their price target on shares of Personal Group from GBX 416 to GBX 415 and set a “buy” rating on the stock in a research note on Tuesday. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 522.50.

Personal Group Trading Up 10.6%

The company has a market capitalization of £104.20 million, a P/E ratio of 13.92 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 (LON:PGH) last issued its quarterly earnings data on Tuesday, March 24th. The company reported GBX 23.30 earnings per share for the quarter. Personal Group had a return on equity of 19.04% and a net margin of 14.41%. On average, research analysts predict that Personal Group Holdings Plc will post 19.0753425 EPS 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.