PensionBee Group’s (PBEE) Buy Rating Reiterated at Canaccord Genuity Group

PensionBee Group (LON:PBEE)‘s stock had its “buy” rating reissued by equities researchers at Canaccord Genuity Group in a report issued on Friday,Digital Look reports. They presently have a GBX 217 target price on the stock. Canaccord Genuity Group’s price objective indicates a potential upside of 52.64% from the company’s previous close.

Other research analysts have also issued reports about the stock. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 175 target price on shares of PensionBee Group in a research report on Tuesday, July 28th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 210 price target on shares of PensionBee Group in a research note on Thursday, July 23rd. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of GBX 200.67.

PensionBee Group Stock Performance

LON:PBEE opened at GBX 142.16 on Friday. The business’s 50-day moving average price is GBX 130.98 and its two-hundred day moving average price is GBX 142.07. PensionBee Group has a twelve month low of GBX 119 and a twelve month high of GBX 171.50. The stock has a market cap of £339.57 million, a P/E ratio of -118.47, a PEG ratio of -0.09 and a beta of 0.44. The company has a quick ratio of 7.03, a current ratio of 9.34 and a debt-to-equity ratio of 0.35.

PensionBee Group (LON:PBEE) last issued its quarterly earnings results on Thursday, August 13th. The company reported GBX 3.45 earnings per share (EPS) for the quarter. PensionBee Group had a negative return on equity of 8.36% and a negative net margin of 6.69%. As a group, equities analysts predict that PensionBee Group will post -9.3899999 EPS for the current fiscal year.

PensionBee Group Company Profile

PensionBee is creating a global leader in the consumer retirement market with approximately £8.6 billion (approximately $11 billion) in assets on behalf of approximately 327,000 customers.

Founded in 2014, we aspire to make as many people as possible pension confident so that everyone can enjoy a happy retirement. We help our customers to combine their retirement savings into a new online account, which they can manage from the palm of their hand.

PensionBee accounts are invested by the world’s largest investment managers, collectively looking after more than $11 trillion in savings between them.