Phoenix Group’s AGM Resolutions Passed with Strong Shareholder Support

An update from Phoenix Group Holdings ( (GB:PHNX) ) is now available.

Phoenix Group Holdings announced the successful passing of all resolutions at its Annual General Meeting held on May 13, 2025. The resolutions included the approval of the company’s annual report, directors’ remuneration report, and a final dividend, as well as the re-election and election of various directors. The outcome of the AGM reflects strong shareholder support for the company’s strategic direction and governance, potentially reinforcing its position in the industry and positively impacting stakeholder confidence.

The most recent analyst rating on (GB:PHNX) stock is a Buy with a £6.50 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 earns an overall score of 69, reflecting a robust cash generation and strong technical momentum. The high dividend yield adds appeal, although profitability challenges and high leverage pose risks. Upgraded financial targets and strategic initiatives are positive, yet caution is advised due to financial stability concerns.

To see Spark’s full report on GB:PHNX stock, click here.

More about Phoenix Group Holdings

Phoenix Group Holdings is a leading life and pensions consolidator in the UK, focusing on the management and acquisition of closed life insurance and pension funds. The company aims to deliver long-term value to its policyholders and shareholders through efficient management of its acquired businesses.

Average Trading Volume: 4,048,996

Technical Sentiment Signal: Buy

Current Market Cap: £6B

Find detailed analytics on PHNX stock on TipRanks’ Stock Analysis page.