Personal Group (LON:PGH) Shares Break Above 50 Day Moving Average – Here’s What Happened

Shares of Personal Group Holdings Plc (LON:PGH) passed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of GBX 406.83 and traded as high as GBX 435. Personal Group shares last traded at GBX 434.20, with a volume of 50,651 shares traded.

Analyst Ratings Changes

PGH has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 465 target price on shares of Personal Group in a research note on Tuesday, September 15th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 465 price target on shares of Personal Group in a research note on Tuesday, September 15th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 520.

Personal Group Price Performance

The stock has a market cap of £134.77 million, a PE ratio of 19.36 and a beta of 0.18. The business has a fifty day moving average of GBX 407.36 and a 200-day moving average of GBX 382.86.

Personal Group (LON:PGH) last released its quarterly earnings data on Tuesday, September 15th. The company reported GBX 12.30 EPS for the quarter. Personal Group had a return on equity of 22.40% and a net margin of 16.09%. As a group, equities research analysts predict that Personal Group Holdings Plc will post 19.0753425 EPS 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.