The Pebble Group (LON:PEBB) Earns “Buy” Rating from Berenberg Bank

The Pebble Group (LON:PEBB)‘s stock had its “buy” rating reissued by stock analysts at Berenberg Bank in a research report issued to clients and investors on Monday,Digital Look reports. They currently have a GBX 100 ($1.29) price objective on the stock. Berenberg Bank’s price target would suggest a potential upside of 153.16% from the company’s previous close.

The Pebble Group Price Performance

The Pebble Group stock traded down GBX 0.50 ($0.01) during trading hours on Monday, hitting GBX 39.50 ($0.51). The stock had a trading volume of 83,443 shares, compared to its average volume of 332,742. The Pebble Group has a 1-year low of GBX 38.20 ($0.49) and a 1-year high of GBX 69 ($0.89). The stock has a market capitalization of £65.04 million, a price-to-earnings ratio of 11.57 and a beta of 1.14. The stock’s fifty day moving average is GBX 44.33 and its two-hundred day moving average is GBX 47.50. The company has a debt-to-equity ratio of 8.25, a current ratio of 1.94 and a quick ratio of 1.16.

The Pebble Group (LON:PEBB) last issued its quarterly earnings data on Tuesday, March 18th. The company reported GBX 4.63 ($0.06) EPS for the quarter. The Pebble Group had a net margin of 4.74% and a return on equity of 6.55%. As a group, analysts predict that The Pebble Group will post 5.0724638 earnings per share for the current fiscal year.

Insider Activity at The Pebble Group

In other The Pebble Group news, insider Claire Louise Thomson sold 72,336 shares of the business’s stock in a transaction on Friday, February 7th. The stock was sold at an average price of GBX 45 ($0.58), for a total value of £32,551.20 ($42,061.25). Corporate insiders own 12.02% of the company’s stock.

About The Pebble Group

The Pebble Group plc (www.thepebblegroup.com) is a provider of digital commerce, products and related services to the global promotional products industry, comprising two differentiated businesses, focused on specific areas of the promotional products market: Facilisgroup (www.facilisgroup.com) and Brand Addition (www.brandaddition.com).

Facilisgroup focuses on supporting the growth of mid-sized promotional product businesses in North America by providing a digital commerce platform, which enables those businesses to benefit from significant business efficiency and gain meaningful supply chain advantage from the ability to purchase from quality suppliers under preferred terms.

Brand Addition focuses upon providing promotional products and related services under contract to some of the world’s most recognisable brands.