PensionBee Group (LON:PBEE) Earns Buy Rating from Canaccord Genuity Group

PensionBee Group (LON:PBEE)‘s stock had its “buy” rating reaffirmed by equities research analysts at Canaccord Genuity Group in a report issued on Thursday, Digital Look reports. They presently have a GBX 217 target price on the stock. Canaccord Genuity Group’s price target indicates a potential upside of 76.04% from the stock’s previous close.

A number of other brokerages also recently weighed in on PBEE. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 175 price target on shares of PensionBee Group in a research report on Friday, August 14th. Berenberg Bank restated a “buy” rating and set a GBX 210 price objective on shares of PensionBee Group in a report on Thursday, July 23rd. Three analysts have rated the stock with a Buy rating. According to data from MarketBeat, PensionBee Group currently has an average rating of “Buy” and an average target price of GBX 200.67.

PensionBee Group Trading Up 2.7%

LON:PBEE opened at GBX 123.27 on Thursday. The company has a current ratio of 7.16, a quick ratio of 7.03 and a debt-to-equity ratio of 0.08. PensionBee Group has a 1-year low of GBX 117 and a 1-year high of GBX 170.50. The firm has a market capitalization of £294.55 million, a price-to-earnings ratio of 29.35, a PEG ratio of -0.09 and a beta of 0.44. The business’s 50-day moving average price is GBX 133.14 and its two-hundred day moving average price is GBX 135.34.

PensionBee Group (LON:PBEE) last posted its earnings results on Thursday, August 13th. The company reported GBX 3.45 earnings per share (EPS) for the quarter. PensionBee Group had a return on equity of 25.24% and a net margin of 20.77%. On average, equities analysts expect that PensionBee Group will post -9.39 earnings per share for the current 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.