XPS Pensions Group’s (XPS) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of XPS Pensions Group (LON:XPS) in a research report report published on Monday morning, Marketbeat Ratings reports. The brokerage currently has a GBX 440 price objective on the stock.

A number of other research firms also recently commented on XPS. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 485 target price on shares of XPS Pensions Group in a report on Thursday, June 11th. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 469 price target on shares of XPS Pensions Group in a research note on Wednesday, July 15th. Stifel Nicolaus reiterated a “buy” rating and issued a GBX 460 price target on shares of XPS Pensions Group in a report on Tuesday, April 21st. Finally, Royal Bank Of Canada upgraded shares of XPS Pensions Group to an “outperform” rating and raised their price objective for the company from GBX 430 to GBX 435 in a research note on Wednesday, July 29th. Six analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of GBX 451.50.

XPS Pensions Group Stock Up 1.4%

XPS opened at GBX 337 on Monday. The company has a debt-to-equity ratio of 44.65, a current ratio of 1.67 and a quick ratio of 1.51. The business has a 50 day simple moving average of GBX 318.13 and a 200-day simple moving average of GBX 314.78. The stock has a market capitalization of £689.05 million, a P/E ratio of 27.18 and a beta of 0.34. XPS Pensions Group has a 12 month low of GBX 275 and a 12 month high of GBX 388.

XPS Pensions Group (LON:XPS) last posted its quarterly earnings results on Thursday, June 18th. The company reported GBX 13 earnings per share for the quarter. XPS Pensions Group had a return on equity of 15.48% and a net margin of 10.11%.The firm had revenue of £262.96 million for the quarter.

Insider Transactions at XPS Pensions Group

In other news, insider Michelle Cracknell bought 5,979 shares of the firm’s stock in a transaction on Monday, July 20th. The shares were bought at an average cost of GBX 333 per share, for a total transaction of £19,910.07. Also, insider Ben Bramhall sold 157,182 shares of the business’s stock in a transaction on Wednesday, July 22nd. The stock was sold at an average price of GBX 330, for a total value of £518,700.60. Over the last quarter, insiders sold 489,116 shares of company stock valued at $162,017,790. Company insiders own 1.11% of the company’s stock.

XPS Pensions Group Company Profile

XPS Group is a leading UK consulting and administration business specialising in the pensions and insurance sectors. A FTSE 250 company, XPS combines expertise and insight with advanced technology and analytics to address the needs of over 1,300 pension schemes and their sponsoring employers on an ongoing and project basis. We undertake pensions administration for over one million members and provide advisory services to schemes and corporate sponsors in respect of schemes of all sizes, including 83 with assets over £1bn.