BUZZ-Phoenix Group: seen up on FY results beat, guidance
** Shares of Phoenix Group Holdings seen up ~1-2 pct premarket after co. reported higher FY profit and targeted cash generation of 3.8 bln pounds from 2019 to 2023
** Co. also proposed final dividend of 23.4p per share, a 3.5 pct increase
** Brokerage JP Morgan cites solid FY18 results and incremental value creation from raised synergy guidance
** Says co. looks attractive with ~7 pct dividend yield, is well positioned for M&A, and its management is disciplined around targets (aniruddha.c.thomsonreuters.com@reuters.net)