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

XPS Pensions Group (LON:XPS)‘s stock had its “buy” rating restated by equities research analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Tuesday, Digital Look reports. They presently have a GBX 485 target price on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 56.98% from the company’s previous close.

Several other brokerages have also issued reports on XPS. Canaccord Genuity Group reissued a “buy” rating and set a GBX 469 price objective on shares of XPS Pensions Group in a report on Thursday, September 3rd. Berenberg Bank reiterated a “buy” rating and issued a GBX 440 price target on shares of XPS Pensions Group in a report on Monday, August 3rd. Finally, Royal Bank Of Canada upgraded XPS Pensions Group to an “outperform” rating and upped their price objective for the stock 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, the company currently has an average rating of “Buy” and an average target price of GBX 451.50.

XPS Pensions Group Stock Up 1.8%

LON XPS traded up GBX 5.45 during trading on Tuesday, reaching GBX 308.95. 688,093 shares of the company’s stock traded hands, compared to its average volume of 2,039,647. XPS Pensions Group has a 12-month low of GBX 275 and a 12-month high of GBX 368.50. 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 firm has a market cap of £627.27 million, a price-to-earnings ratio of 24.92 and a beta of 0.35. The company’s 50 day simple moving average is GBX 313.62 and its two-hundred day simple moving average is GBX 311.21.

Insider Activity at XPS Pensions Group

In other XPS Pensions Group news, insider Snehal Shah sold 26,879 shares of the business’s stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of GBX 340, for a total transaction of £91,388.60. Also, insider Paul Cuff sold 319,195 shares of the stock in a transaction dated 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 ninety 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 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.