# Phoenix Group Holdings PLC 53.1% potential upside indicated by Barclays

- Link: https://www.directorstalkinterviews.com/phoenix-group-holdings-plc-53.1-potential-upside-indicated-by-barclays/4121129111
- Published: 2023-10-10T12:31:16+01:00
- Author: Charlotte Edwards

**[Phoenix Group Holdings PLC](https://www.directorstalkinterviews.com/ftse-company/phoenix-group-holdings/phnx.l)**
with ticker (LON:PHNX) now has a potential upside of 53.1% according to Barclays.

Barclays set a target price of 718 GBX for the company, which when compared to the
Phoenix Group Holdings PLC share price of 469 GBX at opening today (10/10/2023) 
indicates a potential upside of 53.1%. Trading has ranged between 449 (52 week low)
and 647 (52 week high) with an average of 2,985,305 shares exchanging hands daily.
The market capitalisation at the time of writing is £4,739,206,958.Phoenix Group
Holdings plc is a United Kingdom-based company that is engaged in long-term savings
and retirement businesses. The Company offers a range of pensions and savings products
to support people across all stages of the savings life cycle. The Company operates
through four business segments: UK Heritage, UK Open, Europe, and Management Services.
The UK Heritage segment accepts incremental premiums on in-force policies. The UK
Open segment includes new and in-force life insurance and investment policies in
respect of products, such as workplace pensions and self-invested personal pensions(
SIPPs), which are sold under the SunLife brand, and annuities, including bulk purchase
annuity contracts. The European segment includes products that are actively being
marketed to new policyholders, and legacy in-force products. The Management Services
segment comprises life and holding companies. The Company’s brands include ReAssure,
PHOENIX WEALTH, and PHOENIX IRELAND.

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