PensionBee Group (LON:PBEE) Receives Buy Rating from Berenberg Bank

PensionBee Group (LON:PBEE)‘s stock had its “buy” rating reaffirmed by equities researchers at Berenberg Bank in a research report issued to clients and investors on Thursday, Marketbeat Ratings reports. They currently have a GBX 210 price objective on the stock. Berenberg Bank’s price target suggests a potential upside of 26.51% from the company’s current price.

A number of other research analysts have also weighed in on the company. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 170 price objective on shares of PensionBee Group in a report on Monday, November 3rd. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 217 price objective on shares of PensionBee Group in a report on Thursday, October 23rd. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, PensionBee Group currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 199.

PensionBee Group Price Performance

Shares of LON PBEE opened at GBX 166 on Thursday. PensionBee Group has a fifty-two week low of GBX 131 and a fifty-two week high of GBX 175. The company has a debt-to-equity ratio of 2.45, a quick ratio of 7.03 and a current ratio of 4.23. The firm has a market capitalization of £394.93 million, a PE ratio of -88.30, a price-to-earnings-growth ratio of -0.09 and a beta of 0.37. The stock’s 50-day simple moving average is GBX 160.86 and its 200-day simple moving average is GBX 160.87.

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.