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Phoenix Holdings Maintains Strong Rating Affirmed by Midroog
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Phoenix Holdings Maintains Strong Rating Affirmed by Midroog

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Phoenix ( (IL:PHOE) ) has issued an announcement.

Midroog Ltd. has affirmed Phoenix Holdings Ltd.’s rating at Aa2.il, highlighting the company’s strong market position, solid capital structure, and strong profitability metrics. With high retained earnings, low financial leverage, and advanced risk management tools, Phoenix Holdings demonstrates robust liquidity and risk management, maintaining its leadership in the industry.

More about Phoenix

Phoenix Holdings Ltd. is a prominent player in the Israeli insurance industry, known for its substantial market share in life insurance, pension, and provident fund segments. The company offers a diversified range of products and services, catering to a broad customer base, and is recognized for its strong financial and risk management practices.

YTD Price Performance: 14.24%

Average Trading Volume: 838,880

Current Market Cap: ILS16.19B

Learn more about PHOE stock on TipRanks’ Stock Analysis page.

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