Phoenix Group Holdings (LON:PHNX) Buy Rating Reconfirmed by Analysts at Berenberg; The Target Price Given is GBX 905.00; Last Week The Royal Bank of Scotland Group plc (LON:RBS) Analysts

The company have set price target of GBX 905.00 on Phoenix Group Holdings (LON:PHNX) shares. This is 16.06% from the previous stock close. In analysts note published on 7 March, Berenberg restate their Buy rating on shares of PHNX.

Among 25 analysts covering Royal Bank of Scotland Group The PLC (LON:RBS), 8 have Buy rating, 1 Sell and 16 Hold. Therefore 32% are positive. Royal Bank of Scotland Group The PLC had 325 analyst reports since July 23, 2015 according to SRatingsIntel. On Friday, July 24 the stock rating was maintained by Citigroup with “Sell”. The stock of The Royal Bank of Scotland Group plc (LON:RBS) earned “Hold” rating by Shore Capital on Wednesday, July 29. The firm earned “Underweight” rating on Monday, December 12 by JP Morgan. Bernstein maintained The Royal Bank of Scotland Group plc (LON:RBS) on Tuesday, February 16 with “Outperform” rating. As per Monday, October 31, the company rating was maintained by Barclays Capital. The stock has “Buy” rating by Investec on Friday, February 26. The rating was maintained by BNP Paribas with “Outperform” on Wednesday, November 11. The stock of The Royal Bank of Scotland Group plc (LON:RBS) has “Neutral” rating given on Thursday, July 23 by BNP Paribas. Investec maintained the shares of RBS in report on Tuesday, February 16 with “Buy” rating. The stock has “Buy” rating by Jefferies on Monday, September 7. See The Royal Bank of Scotland Group plc (LON:RBS) latest ratings:

23/02/2018 Broker: UBS Rating: Neutral Old Target: GBX 290.00 New Target: GBX 290.00 Maintain
23/02/2018 Broker: Shore Capital Rating: Hold Maintain
16/02/2018 Broker: Credit Suisse Rating: Neutral Old Target: GBX 290.00 New Target: GBX 290.00 Maintain
12/02/2018 Broker: Citigroup Rating: Neutral Maintain
29/01/2018 Broker: HSBC Rating: Hold New Target: GBX 280.00 Maintain
26/01/2018 Broker: Deutsche Bank Rating: Hold Old Target: GBX 300.00 New Target: GBX 315.00 Maintain
10/01/2018 Broker: Morgan Stanley Rating: Overweight Old Target: GBX 265.00 New Target: GBX 330.00 Upgrade
18/12/2017 Broker: Jefferies Rating: Buy Maintain
06/12/2017 Broker: Citigroup Rating: Neutral Maintain
29/11/2017 Broker: Citigroup Rating: Neutral Maintain

The stock decreased 0.42% or GBX 1.1 during the last trading session, reaching GBX 259. About 2.06M shares traded. The Royal Bank of Scotland Group plc (LON:RBS) has 0.00% since March 7, 2017 and is . It has underperformed by 16.70% the S&P500.

The Royal Bank of Scotland Group plc, together with its subsidiaries, provides banking and financial services and products to personal, commercial, corporate, and institutional clients worldwide. The company has market cap of 30.95 billion GBP. The firm operates through UK Personal & Business Banking, Ulster Bank RoI, Commercial Banking, Private Banking, RBS International, NatWest Markets, Capital Resolution, Williams & Glyn, and Central Items & Other divisions. It has a 41.11 P/E ratio. It offers deposit products, including current accounts and savings accounts; personal lending products comprising secured products, personal loans, and credit cards; and commercial lending products, such as business lending, invoice financing, and asset-backed lending products.

Among 11 analysts covering Phoenix Group Holdings (LON:PHNX), 6 have Buy rating, 2 Sell and 3 Hold. Therefore 55% are positive. Phoenix Group Holdings has GBX 1000 highest and GBX 664 lowest target. GBX 842.70’s average target is 7.74% above currents GBX 782.197 stock price. Phoenix Group Holdings had 83 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Overweight” on Friday, January 29. The company was maintained on Thursday, August 20 by Canaccord Genuity. Shore Capital maintained the shares of PHNX in report on Tuesday, January 10 with “Buy” rating. The company was maintained on Monday, February 20 by Deutsche Bank. The stock of Phoenix Group Holdings (LON:PHNX) has “Underweight” rating given on Wednesday, June 28 by Barclays Capital. The firm has “Underweight” rating by Barclays Capital given on Tuesday, October 20. The company was maintained on Thursday, October 22 by HSBC. The stock has “Hold” rating by Numis Securities on Thursday, December 8. The rating was maintained by Deutsche Bank with “Hold” on Thursday, March 24. The rating was maintained by JP Morgan with “Overweight” on Monday, February 19.

Phoenix Group Holdings, a closed life assurance fund consolidator, acquires and manages closed life and pension funds primarily in the United Kingdom. The company has market cap of 3.07 billion GBP. It also provides financing services. It currently has negative earnings. The firm was formerly known as Pearl Group and changed its name to Phoenix Group Holdings in March 2010.