Berenberg Bank Reaffirms “Buy” Rating for XPS Pensions Group (LON:XPS)

XPS Pensions Group (LON:XPS)‘s stock had its “buy” rating reiterated by equities research analysts at Berenberg Bank in a research note issued to investors on Wednesday,Digital Look reports. They currently have a GBX 440 price target on the stock. Berenberg Bank’s target price would suggest a potential upside of 38.80% from the company’s current price.

Several other equities research analysts have also recently weighed in on the company. Stifel Nicolaus reiterated a “buy” rating and issued a GBX 460 target price on shares of XPS Pensions Group in a report on Tuesday. Canaccord Genuity Group restated a “buy” rating and set a GBX 469 price target on shares of XPS Pensions Group in a research note on Tuesday. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, XPS Pensions Group has a consensus rating of “Buy” and an average price target of GBX 450.80.

XPS Pensions Group Stock Down 2.2%

Shares of LON XPS opened at GBX 317 on Wednesday. XPS Pensions Group has a 52-week low of GBX 275 and a 52-week high of GBX 426. The firm has a market capitalization of £648.15 million, a price-to-earnings ratio of 26.64 and a beta of 0.34. The stock has a 50 day moving average price of GBX 304.57 and a 200 day moving average price of GBX 329.53. The company has a debt-to-equity ratio of 53.02, a quick ratio of 1.51 and a current ratio of 1.77.

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.