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

PensionBee Group (LON:PBEE)‘s stock had its “buy” rating reaffirmed by equities research analysts at Canaccord Genuity Group in a research report issued to clients and investors on Thursday,Digital Look reports. They currently have a GBX 217 price target on the stock. Canaccord Genuity Group’s target price would suggest a potential upside of 73.08% from the company’s current price.

PBEE has been the topic of a number of other reports. Berenberg Bank reissued a “buy” rating and set a GBX 210 target price on shares of PensionBee Group in a research report on Thursday. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 175 price target on shares of PensionBee Group in a report on Thursday. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 200.67.

PensionBee Group Stock Up 1.5%

LON PBEE opened at GBX 125.38 on Thursday. The company has a quick ratio of 7.03, a current ratio of 9.34 and a debt-to-equity ratio of 0.35. PensionBee Group has a fifty-two week low of GBX 119.50 and a fifty-two week high of GBX 175. The business has a 50 day moving average price of GBX 132.61 and a two-hundred day moving average price of GBX 145.43. The stock has a market cap of £299.48 million, a PE ratio of -104.48, a P/E/G ratio of -0.09 and a beta of 0.43.

About PensionBee Group

PensionBee is creating a global leader in the consumer retirement market with approximately £7.5 billion (approximately $10 billion) in assets on behalf of approximately 315,000 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.