Deutsche Bank has upgraded Phoenix Group Holdings PLC (LSEHNX) to 'buy' and raised its price target by 36% to £7.30, citing growing balance sheet flexibility, improved cash generation and a clear shift in strategic direction. The bank now sees a total expected return of 27%.
HNX) to 'buy' and raised its price target by 36% to £7.30, citing growing balance sheet flexibility, improved cash generation and a clear shift in strategic direction. The bank now sees a total expected return of 27%. 