XPS Pensions Group (LON:XPS) Shares Pass Above 50 Day Moving Average – Here’s What Happened

XPS Pensions Group plc (LON:XPS) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 301.82 and traded as high as GBX 315. XPS Pensions Group shares last traded at GBX 311.59, with a volume of 626,446 shares changing hands.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on XPS. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 440 target price on shares of XPS Pensions Group in a report on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 485 target price on shares of XPS Pensions Group in a report on Wednesday, April 22nd. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 469 target price on shares of XPS Pensions Group in a report on Tuesday, April 21st. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a GBX 460 target price on shares of XPS Pensions Group in a report on Tuesday, April 21st. Six equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of GBX 456.50.

XPS Pensions Group Price Performance

The company has a market cap of £642.02 million, a price-to-earnings ratio of 26.39 and a beta of 0.35. The company has a fifty day moving average price of GBX 301.82 and a two-hundred day moving average price of GBX 323.22. The company has a current ratio of 1.77, a quick ratio of 1.51 and a debt-to-equity ratio of 53.02.

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.