XPS Pensions Group plc (LON:XPS) Given Average Rating of “Buy” by Analysts

Shares of XPS Pensions Group plc (LON:XPS) have been assigned an average recommendation of “Buy” from the six ratings firms that are presently covering the stock, MarketBeat Ratings reports. Six research analysts have rated the stock with a buy recommendation. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is GBX 451.50.

A number of equities analysts have issued reports on XPS shares. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 469 price target on shares of XPS Pensions Group in a research note on Wednesday, July 15th. Royal Bank Of Canada raised XPS Pensions Group to an “outperform” rating and increased their price objective for the stock from GBX 430 to GBX 435 in a research note on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 485 target price on shares of XPS Pensions Group in a report on Thursday, June 11th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 440 target price on shares of XPS Pensions Group in a research report on Monday, August 3rd.

Insider Activity

In other news, insider Ben Bramhall sold 302,077 shares of the company’s 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 Snehal Shah sold 113,801 shares of the stock in a transaction dated Wednesday, July 22nd. The shares were sold at an average price of GBX 330, for a total transaction of £375,543.30. Insiders sold 1,110,388 shares of company stock valued at $373,250,270 over the last quarter. 1.31% of the stock is owned by insiders.

XPS Pensions Group Stock Down 1.4%

XPS Pensions Group stock opened at GBX 309.50 on Tuesday. XPS Pensions Group has a 1-year low of GBX 275 and a 1-year high of GBX 368.50. The firm has a market capitalization of £628.38 million, a price-to-earnings ratio of 24.96 and a beta of 0.35. The firm’s fifty day moving average price is GBX 323.53 and its two-hundred day moving average price is GBX 312.02. The company has a current ratio of 1.67, a quick ratio of 1.51 and a debt-to-equity ratio of 44.65.

XPS Pensions Group (LON:XPS) last posted its earnings results on Thursday, June 18th. The company reported GBX 13 EPS for the quarter. XPS Pensions Group had a net margin of 10.11% and a return on equity of 15.48%. The company had revenue of £262.96 million during the quarter.

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.