Personal Group (LON:PGH) Reaches New 12-Month High – What’s Next?

Personal Group Holdings Plc (LON:PGH) hit a new 52-week high on Thursday. The company traded as high as GBX 455 and last traded at GBX 446.50, with a volume of 28,499 shares changing hands. The stock had previously closed at GBX 452.50.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 465 price objective on shares of Personal Group in a research report on Tuesday, September 15th. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 465 target price on shares of Personal Group in a report on Tuesday, September 15th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 520.

Personal Group Stock Performance

The firm has a market capitalization of £140.96 million, a P/E ratio of 18.08 and a beta of 0.18. The firm has a 50 day moving average price of GBX 423.97 and a two-hundred day moving average price of GBX 376.29.

Personal Group (LON:PGH) last announced its earnings results on Tuesday, September 15th. The company reported GBX 12.30 earnings per share (EPS) for the quarter. Personal Group had a return on equity of 22.40% and a net margin of 16.09%. Equities research analysts forecast that Personal Group Holdings Plc will post 19.08 earnings per share for the current fiscal 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.