XPS Pensions Group (LON:XPS) Given New GBX 469 Price Target at Canaccord Genuity Group

XPS Pensions Group (LON:XPS) had its target price upped by equities researchers at Canaccord Genuity Group from GBX 459 to GBX 469 in a research note issued to investors on Thursday,London Stock Exchange reports. The firm presently has a “buy” rating on the stock. Canaccord Genuity Group’s target price points to a potential upside of 48.18% from the company’s previous close.

Other analysts also recently issued reports about the company. Shore Capital restated a “buy” rating and issued a GBX 420 price target on shares of XPS Pensions Group in a research note on Thursday, October 16th. Berenberg Bank began coverage on XPS Pensions Group in a report on Tuesday, September 9th. They issued a “buy” rating and a GBX 440 target price for the company. Six research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of GBX 438.33.

XPS Pensions Group Stock Down 5.9%

LON XPS traded down GBX 20 on Thursday, hitting GBX 316.50. 2,709,626 shares of the stock were exchanged, compared to its average volume of 1,060,815. XPS Pensions Group has a fifty-two week low of GBX 310 and a fifty-two week high of GBX 426. The company has a 50-day moving average price of GBX 341.67 and a 200-day moving average price of GBX 365.03. The company has a quick ratio of 1.51, a current ratio of 1.27 and a debt-to-equity ratio of 17.52. The company has a market cap of £641.54 million, a PE ratio of 22.93 and a beta of 0.57.

XPS Pensions Group (LON:XPS) last announced its quarterly earnings results on Thursday, November 20th. The company reported GBX 10.20 earnings per share (EPS) for the quarter. XPS Pensions Group had a return on equity of 156.24% and a net margin of 128.13%.

Insider Transactions at XPS Pensions Group

In other news, insider Martin Sutherland acquired 11,658 shares of XPS Pensions Group stock in a transaction that occurred on Wednesday, October 1st. The stock was purchased at an average cost of GBX 335 per share, with a total value of £39,054.30. Corporate insiders own 1.15% of the company’s stock.

About XPS Pensions Group

XPS Group is a leading UK consulting and administration business specialising in the pensions and insurance sectors. A FTSE 250 company, XPS combines expertise and insight with advanced technology and analytics to address the needs of over 1,300 pension schemes and their sponsoring employers on an ongoing and project basis.