PensionBee Group (LON:PBEE) Trading Up 11.1% – What’s Next?

PensionBee Group plc (LON:PBEE)’s stock price was up 11.1% on Thursday . The company traded as high as GBX 150 and last traded at GBX 150. 178,602 shares changed hands during mid-day trading, an increase of 12% from the average session volume of 159,583 shares. The stock had previously closed at GBX 135.

Wall Street Analyst Weigh In

PBEE has been the topic of a number of recent analyst reports. Berenberg Bank reissued a “buy” rating and issued a GBX 210 price objective on shares of PensionBee Group in a research note on Thursday, July 23rd. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 217 target price on shares of PensionBee Group in a research report on Thursday, July 23rd. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 175 target price on shares of PensionBee Group in a research report on Tuesday, July 28th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, PensionBee Group has a consensus rating of “Buy” and an average target price of GBX 200.67.

PensionBee Group Stock Down 1.7%

The firm has a 50-day moving average of GBX 130.57 and a two-hundred day moving average of GBX 142.79. The firm has a market cap of £352.32 million, a price-to-earnings ratio of -122.92, a PEG ratio of -0.09 and a beta of 0.44. The company has a current ratio of 9.34, a quick ratio of 7.03 and a debt-to-equity ratio of 0.35.

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.