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The latest update is out from Phoenix Group Holdings ( (GB:PHNX) ).
Phoenix Group Holdings plc has announced changes to its board, with Nicholas Shott stepping down as Group Independent Non-Executive Director and Chair of the Remuneration Committee after nine years of service. Sherry Coutu CBE will take over as Chair of the Remuneration Committee and join the Group Board Nomination Committee, bringing her extensive FTSE 100 experience to the role. This transition is expected to enhance the company’s governance and strategic oversight, potentially impacting its market positioning positively.
The most recent analyst rating on (GB:PHNX) stock is a Buy with a £7.30 price target. To see the full list of analyst forecasts on Phoenix Group Holdings stock, see the GB:PHNX Stock Forecast page.
Spark’s Take on GB:PHNX Stock
According to Spark, TipRanks’ AI Analyst, GB:PHNX is a Neutral.
Phoenix Group Holdings exhibits a solid stock profile with strong earnings call performance and positive technical indicators. However, financial performance challenges, particularly profitability and leverage, alongside valuation concerns, temper the overall score.
To see Spark’s full report on GB:PHNX stock, click here.
More about Phoenix Group Holdings
Average Trading Volume: 3,347,848
Technical Sentiment Signal: Buy
Current Market Cap: £6.46B
See more insights into PHNX stock on TipRanks’ Stock Analysis page.