Phoenix Group Holdings (PHNX)

Sector:

Insurance

Index:

FTSE 100

552.60p
   
  • Change Today:
      10.40p
  • 52 Week High: 591.80
  • 52 Week Low: 441.60
  • Currency: UK Pounds
  • Shares Issued: 1,001.54m
  • Volume: 3,660,461
  • Market Cap: £5,534m

FTSE 100 movers: Insurers, precious metals miners pace gains

By Alexander Bueso

Date: Thursday 09 Apr 2020

LONDON (ShareCast) - (Sharecast News) - Insurers' shares paced the market advance at the end of the holiday-shortened week, benefiting from the general 'risk-on' environment and positive analyst chatter.




The FTSE 100 finished 2.90% higher to 5,842.66, with Legal&General, Standard Life Aberdeen, M&G and Phoenix Group all near the top of the leaderboard.

Providing a further boost for the sector, analysts at Credit Suisse raised their recommendation on the European life insurance sector from 'benchmark' to 'overweight' and stayed at 'overweight' on property and casualty stocks, which combined meant they were overall overweight on the space.

"Valuations of life companies have fallen to bear market lows on P/E relative to the market (53% discount vs normal discount of 36%) and relative to asset managers (48% discount vs normal discount of 23%), despite some life companies resembling asset managers," they said in a research note sent to clients.

Also moving sharply higher were precious metals miners Fresnillo and Polymetal, tracking gains in gold, which at the London close was up 2.96% to $1,734.20?oz. and at a fresh 52-week high, having earlier hit $1,754.50/oz..

Market Movers

FTSE 100 (UKX) 5,842.66 2.90%

FTSE 100 - Risers

Just Eat Takeaway.Com N.V. (CDI) (JET) 7,558.00p 13.96%
Next (NXT) 4,624.00p 9.65%
Carnival (CCL) 965.60p 9.16%
Fresnillo (FRES) 714.40p 8.84%
ITV (ITV) 76.38p 8.65%
Legal & General Group (LGEN) 213.00p 8.65%
CRH (CRH) 2,399.00p 8.31%
Land Securities Group (LAND) 677.00p 7.63%
JD Sports Fashion (JD.) 564.60p 7.58%
Taylor Wimpey (TW.) 141.90p 7.42%

FTSE 100 - Fallers

International Consolidated Airlines Group SA (CDI) (IAG) 246.70p -1.24%
Antofagasta (ANTO) 762.20p -1.19%
Aveva Group (AVV) 3,589.00p -0.75%
Auto Trader Group (AUTO) 414.00p -0.65%
Rentokil Initial (RTO) 392.30p -0.23%
RSA Insurance Group (RSA) 381.10p -0.03%
NMC Health (NMC) 938.40p 0.00%
Smurfit Kappa Group (SKG) 2,322.00p 0.09%
Mondi (MNDI) 1,350.00p 0.11%
BP (BP.) 335.75p 0.12%

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

PHNX Market Data

Currency UK Pounds
Share Price 552.60p
Change Today 10.40p
% Change 1.92 %
52 Week High 591.80
52 Week Low 441.60
Volume 3,660,461
Shares Issued 1,001.54m
Market Cap £5,534m

PHNX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
39.68% above the market average39.68% above the market average39.68% above the market average39.68% above the market average39.68% above the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average
Price Trend
40.23% above the market average40.23% above the market average40.23% above the market average40.23% above the market average40.23% above the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average
Income
92.43% above the market average92.43% above the market average92.43% above the market average92.43% above the market average92.43% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
65.13% below the market average65.13% below the market average65.13% below the market average65.13% below the market average65.13% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average

What The Brokers Say

Strong Buy 3
Buy 5
Neutral 4
Sell 1
Strong Sell 0
Total 13
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

PHNX Dividends

  Latest Previous
  Final Interim
Ex-Div 11-Apr-24 28-Sep-23
Paid 22-May-24 23-Oct-23
Amount 26.65p 26.00p

Trades for 28-Mar-2024

Time Volume / Share Price
17:05 220,233 @ 552.99p
16:35 1,728,305 @ 552.60p
16:35 3,282 @ 552.60p
16:35 3,692 @ 552.60p
16:35 3,586 @ 552.60p

PHNX Key Personnel

Chair Nicholas Lyons
CEO Andrew Briggs

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