Canaccord Genuity Group Reaffirms Buy Rating for PensionBee Group (LON:PBEE)

PensionBee Group (LON:PBEE)‘s stock had its “buy” rating restated by research analysts at Canaccord Genuity Group in a report released on Thursday, Marketbeat Ratings reports. They presently have a GBX 217 price objective on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 31.39% from the stock’s current price.

A number of other analysts have also commented on PBEE. Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 170 price objective on shares of PensionBee Group in a research report on Monday, November 3rd. Berenberg Bank restated a “buy” rating and issued a GBX 210 price target on shares of PensionBee Group in a report on Thursday. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, PensionBee Group presently has an average rating of “Moderate Buy” and a consensus price target of GBX 199.

PensionBee Group Stock Performance

LON PBEE opened at GBX 165.16 on Thursday. The company’s 50-day simple moving average is GBX 160.86 and its 200 day simple moving average is GBX 160.87. The company has a quick ratio of 7.03, a current ratio of 4.23 and a debt-to-equity ratio of 2.45. The stock has a market cap of £392.93 million, a P/E ratio of -87.85, a PEG ratio of -0.09 and a beta of 0.37. PensionBee Group has a twelve month low of GBX 131 and a twelve month high of GBX 175.

PensionBee Group Company Profile

PensionBee is creating a global leader in the consumer retirement market with approximately £7 billion in assets on behalf of c.300,000 customers.

Founded in 2014, we aspire to make as many people as possible pension confident so that everyone can enjoy a happy retirement. We help our customers to combine their retirement savings into a new online account, which they can manage from the palm of their hand.

PensionBee accounts are invested by the world’s largest investment managers, collectively looking after more than $10 trillion in savings between them.