PensionBee Group (LON:PBEE) Sets New 1-Year Low – Here’s Why

PensionBee Group plc (LON:PBEE)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 125 and last traded at GBX 125, with a volume of 88571 shares changing hands. The stock had previously closed at GBX 130.50.

Analysts Set New Price Targets

PBEE has been the subject of several recent research reports. Royal Bank Of Canada raised PensionBee Group to a “sector perform” rating and increased their price target for the company from GBX 170 to GBX 175 in a research report on Tuesday, May 19th. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 217 price target on shares of PensionBee Group in a research report on Thursday, March 12th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 210 price objective on shares of PensionBee Group in a research report on Thursday, April 23rd. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, PensionBee Group has a consensus rating of “Moderate Buy” and an average target price of GBX 200.67.

PensionBee Group Trading Down 4.2%

The business’s 50 day moving average price is GBX 141.41 and its 200-day moving average price is GBX 150.91. The company has a current ratio of 9.34, a quick ratio of 7.03 and a debt-to-equity ratio of 0.35. The company has a market cap of £298.33 million, a price-to-earnings ratio of -104.17, a PEG ratio of -0.09 and a beta of 0.44.

About PensionBee Group

PensionBee is creating a global leader in the consumer retirement market with approximately £7.5 billion (approximately $10 billion) in assets on behalf of approximately 315,000 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 $10 trillion in savings between them.