XPS Pensions Group (LON:XPS) Sets New 12-Month High – What’s Next?

XPS Pensions Group plc (LON:XPS)’s share price hit a new 52-week high on Thursday. The company traded as high as GBX 370 and last traded at GBX 352, with a volume of 23,995 shares traded. The stock had previously closed at GBX 353.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on XPS shares. Deutsche Bank reissued a “buy” rating and set a GBX 485 target price on shares of XPS Pensions Group in a research note on Tuesday, October 6th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 469 price target on shares of XPS Pensions Group in a research note on Thursday, October 15th. Berenberg Bank restated a “buy” rating and issued a GBX 440 price target on shares of XPS Pensions Group in a research note on Friday, October 16th. Finally, Royal Bank Of Canada raised XPS Pensions Group to an “outperform” rating and upped their price target for the stock from GBX 430 to GBX 435 in a report on Wednesday, July 29th. Six investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of GBX 451.50.

XPS Pensions Group Stock Performance

The company has a quick ratio of 1.51, a current ratio of 1.67 and a debt-to-equity ratio of 44.65. The firm has a 50-day moving average price of GBX 320.49 and a two-hundred day moving average price of GBX 316.25. The firm has a market cap of £716.70 million, a PE ratio of 28.47 and a beta of 0.35.

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.