The median target price for Phoenix Group Holdings PLC (PHNX:LSE) is 580.00. This estimate suggests a potential increase of 15.65% from its last closing price of 501.50.
Understanding Analyst Price Targets
Analyst price targets represent the projected future value of a company's stock, typically over a 12-month period, as estimated by financial analysts. These forecasts are based on various factors, including financial models, industry trends, company-specific news, and macroeconomic conditions. They serve as a guide for investors to gauge potential stock performance and are often presented as a range, including median, high, and low estimates.
Phoenix Group Price Targets
A consensus from 13 analysts provides a comprehensive view of the expected price movement for Phoenix Group Holdings PLC. The data indicates a range of possibilities, reflecting different analytical perspectives.
Here is a summary of the 12-month price targets:
Metric | Price (GBP) |
---|---|
Median Target | 580.00 |
High Estimate | 743.00 |
Low Estimate | 515.00 |
Last Price (approx.) | 501.50 |
The median target of 580.00 is a key figure, as it represents the middle value of all analyst estimates, often considered a good representation of the collective expectation. The high and low estimates indicate the most optimistic and most conservative projections, respectively.
Importance for Investors
For investors, understanding these price targets can provide valuable insights:
- Potential Upside/Downside: The difference between the current price and the target price helps investors assess the potential appreciation or depreciation of the stock.
- Analyst Sentiment: The number of analysts covering the stock and the spread of their estimates can indicate the level of confidence or divergence in opinion regarding the company's future.
- Decision Making: While target prices are not guarantees, they can inform investment decisions by providing a forward-looking perspective on a stock's valuation.
For further detailed forecasts and financial data for Phoenix Group Holdings PLC, you can refer to reputable financial news sources such as FT.com Markets.