XPS Pensions Group’s (XPS) Buy Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of XPS Pensions Group (LON:XPS) in a report issued on Thursday, MarketBeat.com reports. The firm currently has a GBX 469 price objective on the stock.

Several other brokerages also recently commented on XPS. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 485 target price on shares of XPS Pensions Group in a report on Thursday, June 11th. Berenberg Bank restated a “buy” rating and set a GBX 440 price target on shares of XPS Pensions Group in a report on Monday, August 3rd. Finally, Royal Bank Of Canada raised shares of XPS Pensions Group to an “outperform” rating and upped their price objective for the stock from GBX 430 to GBX 435 in a research report on Wednesday, July 29th. Six analysts have rated the stock with a Buy rating, According to MarketBeat, XPS Pensions Group currently has an average rating of “Buy” and a consensus target price of GBX 451.50.

XPS Pensions Group Trading Up 0.6%

LON XPS opened at GBX 315.50 on Thursday. The firm has a market capitalization of £640.56 million, a P/E ratio of 25.44 and a beta of 0.35. The business has a fifty day simple moving average of GBX 324.42 and a 200 day simple moving average of GBX 311.71. XPS Pensions Group has a 12 month low of GBX 275 and a 12 month high of GBX 368.50. The company has a current ratio of 1.67, a quick ratio of 1.51 and a debt-to-equity ratio of 44.65.

XPS Pensions Group (LON:XPS) last issued its quarterly earnings data 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 business had revenue of £262.96 million for the quarter.

Insider Buying and Selling at XPS Pensions Group

In other news, insider Ben Bramhall sold 302,077 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of GBX 340, for a total value of £1,027,061.80. Also, insider Paul Cuff sold 319,195 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of GBX 340, for a total value of £1,085,263. Insiders have sold a total of 1,110,388 shares of company stock valued at $373,250,270 over the last 90 days. 1.31% of the stock is currently owned by corporate insiders.

About XPS Pensions Group

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.