Shore Capital Reiterates “Hold” Rating for XPS Pensions Group (LON:XPS)

Shore Capital reaffirmed their hold rating on shares of XPS Pensions Group (LON:XPS) in a report released on Wednesday morning, MarketBeat reports.

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 332 ($4.18) price objective on shares of XPS Pensions Group in a research note on Wednesday, October 16th.

XPS Pensions Group Price Performance

XPS Pensions Group stock opened at GBX 360 ($4.54) on Wednesday. The business’s 50-day simple moving average is GBX 323.61 and its 200 day simple moving average is GBX 302.70. The company has a quick ratio of 1.51, a current ratio of 1.27 and a debt-to-equity ratio of 17.51. The stock has a market cap of £744.34 million, a price-to-earnings ratio of 1,440.00 and a beta of 0.57. XPS Pensions Group has a 12-month low of GBX 194.65 ($2.45) and a 12-month high of GBX 377 ($4.75).

Insider Buying and Selling

In other XPS Pensions Group news, insider Snehal Shah sold 66,830 shares of the firm’s stock in a transaction that occurred on Wednesday, October 16th. The shares were sold at an average price of GBX 335 ($4.22), for a total transaction of £223,880.50 ($282,143.04). 5.14% of the stock is currently owned by company insiders.

About XPS Pensions Group

XPS Pensions Group plc, together with its subsidiaries, provides employee benefit consultancy and related business services in the United Kingdom. It offers pension advisory; independent consultancy; DB master trust schemes; and self-invested personal pension (SIPP) and SSAS pension services. The company also provides pension administer services, such as payroll, scheme administration, outsourcing, payroll, scheme accounting, and scam identification and protection services, as well as member communication, de-risking projects, GMP equalization, data audits and cleansing, and trustee secretarial services.