Berenberg Bank Reaffirms Buy Rating for PensionBee Group (LON:PBEE)

PensionBee Group (LON:PBEE)‘s stock had its “buy” rating restated by investment analysts at Berenberg Bank in a research report issued to clients and investors on Thursday,Digital Look reports. They currently have a GBX 210 price objective on the stock. Berenberg Bank’s target price would indicate a potential upside of 41.89% from the stock’s current price.

Several other equities analysts have also recently issued reports on PBEE. Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 170 price objective on shares of PensionBee Group in a report on Thursday. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 217 price objective on shares of PensionBee Group in a report on Thursday, March 12th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 199.

PensionBee Group Stock Performance

PensionBee Group stock traded down GBX 2 during trading hours on Thursday, hitting GBX 148. 162,553 shares of the stock traded hands, compared to its average volume of 194,264. The company has a debt-to-equity ratio of 0.35, a current ratio of 9.34 and a quick ratio of 7.03. The firm’s 50 day moving average price is GBX 148.19 and its 200-day moving average price is GBX 156.08. The stock has a market capitalization of £352.18 million, a price-to-earnings ratio of -78.72, a P/E/G ratio of -0.09 and a beta of 0.43. PensionBee Group has a 1 year low of GBX 131 and a 1 year high of GBX 175.

PensionBee Group (LON:PBEE) last posted its quarterly earnings results on Thursday, March 12th. The company reported GBX (1.20) earnings per share for the quarter. PensionBee Group had a negative net margin of 6.69% and a negative return on equity of 8.36%. As a group, equities analysts expect that PensionBee Group will post -9.3899999 EPS for the current fiscal year.

About PensionBee Group

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.