PensionBee Group (LON:PBEE) Upgraded by Royal Bank Of Canada to Sector perform Rating

PensionBee Group (LON:PBEE) was upgraded by stock analysts at Royal Bank Of Canada to a “sector perform” rating in a research note issued to investors on Tuesday,Digital Look reports. The firm presently has a GBX 175 target price on the stock, up from their previous target price of GBX 170. Royal Bank Of Canada’s target price would indicate a potential upside of 21.95% from the company’s previous close.

Several other equities research analysts have also issued reports on the company. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 217 price target on shares of PensionBee Group in a report on Thursday, March 12th. Berenberg Bank reiterated a “buy” rating and set a GBX 210 price target on shares of PensionBee Group in a report on Thursday, April 23rd. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 200.67.

PensionBee Group Trading Up 2.5%

Shares of LON PBEE opened at GBX 143.50 on Tuesday. PensionBee Group has a one year low of GBX 131 and a one year high of GBX 175. The firm has a market capitalization of £341.88 million, a PE ratio of -119.58, a PEG ratio of -0.09 and a beta of 0.43. 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 business has a 50-day moving average price of GBX 144.59 and a two-hundred day moving average price of GBX 154.52.

PensionBee Group (LON:PBEE) last announced its quarterly earnings data on Thursday, March 12th. The company reported GBX (1.20) EPS for the quarter. PensionBee Group had a negative return on equity of 8.36% and a negative net margin of 6.69%. As a group, analysts predict that PensionBee Group will post -9.3899999 earnings per share for the current fiscal year.

About PensionBee Group

PensionBee is creating a global leader in the consumer retirement market with approximately £7 billion in assets on behalf of c.300,000 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.