XPS Pensions Group’s (XPS) Buy Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

XPS Pensions Group (LON:XPS)‘s stock had its “buy” rating reiterated by equities researchers at Deutsche Bank Aktiengesellschaft in a note issued to investors on Tuesday, Digital Look reports. They currently have a GBX 485 target price on the stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 56.98% from the stock’s current price.

Other equities research analysts also recently issued reports about the stock. Royal Bank Of Canada upgraded shares of XPS Pensions Group to an “outperform” rating and lifted their price target for the company from GBX 430 to GBX 435 in a research report on Wednesday, July 29th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 440 price objective on shares of XPS Pensions Group in a research note on Monday, August 3rd. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 469 price objective on shares of XPS Pensions Group in a report on Thursday, September 3rd. Six investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of GBX 451.50.

XPS Pensions Group Price Performance

Shares of LON XPS traded up GBX 5.45 during midday trading on Tuesday, hitting GBX 308.95. The company had a trading volume of 688,093 shares, compared to its average volume of 2,039,647. The firm has a market capitalization of £627.27 million, a price-to-earnings ratio of 24.92 and a beta of 0.34. XPS Pensions Group has a twelve month low of GBX 275 and a twelve month high of GBX 368.50. The business has a 50-day simple moving average of GBX 314.07 and a two-hundred day simple moving average of GBX 311.23. The company has a quick ratio of 1.51, a current ratio of 1.67 and a debt-to-equity ratio of 44.65.

Insider Buying and Selling

In related news, insider Ben Bramhall sold 302,077 shares of XPS Pensions Group stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of GBX 340, for a total transaction of £1,027,061.80. Also, insider Paul Cuff sold 319,195 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of GBX 340, for a total value of £1,085,263. Over the last 90 days, insiders have sold 1,110,388 shares of company stock valued at $373,250,270. 1.03% of the stock is currently owned by company insiders.

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.