XPS Pensions Group (LON:XPS) Stock Crosses Below Two Hundred Day Moving Average – What’s Next?

XPS Pensions Group plc (LON:XPS) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 326.69 and traded as low as GBX 301.50. XPS Pensions Group shares last traded at GBX 307, with a volume of 35,188,438 shares trading hands.

Analysts Set New Price Targets

Several research analysts have recently commented on XPS shares. Berenberg Bank reiterated a “buy” rating and issued a GBX 440 target price on shares of XPS Pensions Group in a research report on Wednesday, April 22nd. Stifel Nicolaus restated a “buy” rating and set a GBX 460 price objective on shares of XPS Pensions Group in a research note on Tuesday, April 21st. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 469 price objective on shares of XPS Pensions Group in a report on Tuesday, April 21st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 485 target price on shares of XPS Pensions Group in a research note on Wednesday, April 22nd. Six analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of GBX 456.50.

XPS Pensions Group Price Performance

The company has a market capitalization of £620.55 million, a P/E ratio of 25.50 and a beta of 0.34. The company has a fifty day moving average price of GBX 302.64 and a 200 day moving average price of GBX 326.69. The company has a debt-to-equity ratio of 53.02, a current ratio of 1.77 and a quick ratio of 1.51.

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.