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

XPS Pensions Group (LON:XPS)‘s stock had its “buy” rating reissued by equities researchers at Deutsche Bank Aktiengesellschaft in a report issued on Tuesday, October 6th, Digital Look reports. They presently have a GBX 485 price objective on the stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential upside of 56.12% from the company’s previous close.

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

XPS Pensions Group Stock Performance

XPS stock traded down GBX 0.33 on Tuesday, reaching GBX 310.67. 904,128 shares of the company were exchanged, compared to its average volume of 2,024,995. XPS Pensions Group has a 12 month low of GBX 275 and a 12 month high of GBX 368.50. The stock’s fifty day moving average price is GBX 313.18 and its 200 day moving average price is GBX 311.49. The firm has a market capitalization of £630.75 million, a PE ratio of 25.05 and a beta of 0.35. The company has a debt-to-equity ratio of 44.65, a current ratio of 1.67 and a quick ratio of 1.51.

Insider Buying and Selling at XPS Pensions Group

In other news, insider Ben Bramhall sold 302,077 shares of the stock in a transaction on Friday, August 7th. The shares were sold at an average price of GBX 340, for a total value of £1,027,061.80. Also, insider Michelle Cracknell acquired 5,979 shares of the company’s stock in a transaction dated Monday, July 20th. The stock was acquired at an average price of GBX 333 per share, with a total value of £19,910.07. Over the last quarter, insiders sold 1,110,388 shares of company stock worth $373,250,270. Corporate insiders own 1.03% of the company’s stock.

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.