XPS Pensions Group (LON:XPS) Share Price Passes Below Two Hundred Day Moving Average – Here’s Why

XPS Pensions Group plc (LON:XPS) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 321.72 and traded as low as GBX 297.50. XPS Pensions Group shares last traded at GBX 301.50, with a volume of 1,363,014 shares trading hands.

Analysts Set New Price Targets

XPS has been the subject of several research analyst reports. 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. Berenberg Bank reissued a “buy” rating and issued a GBX 440 target price on shares of XPS Pensions Group in a report on Wednesday, April 22nd. Stifel Nicolaus reissued a “buy” rating and issued a GBX 460 target price on shares of XPS Pensions Group in a research report on Tuesday, April 21st. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 485 price target on shares of XPS Pensions Group in a research note on Wednesday, April 22nd. Six research analysts have rated the stock with a Buy rating, According to MarketBeat, XPS Pensions Group has an average rating of “Buy” and a consensus target price of GBX 456.50.

XPS Pensions Group Stock Up 1.1%

The company’s 50 day moving average price is GBX 304 and its two-hundred day moving average price is GBX 321.37. The company has a current ratio of 1.77, a quick ratio of 1.51 and a debt-to-equity ratio of 53.02. The firm has a market cap of £635.89 million, a PE ratio of 26.13 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.