PensionBee Group (LON:PBEE) Receives Outperform Rating from Royal Bank Of Canada

Royal Bank Of Canada reiterated their outperform rating on shares of PensionBee Group (LON:PBEE) in a research report released on Tuesday,London Stock Exchange reports. The brokerage currently has a GBX 175 price objective on the stock.

Other equities analysts have also recently issued research reports about the company. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 210 price target on shares of PensionBee Group in a report on Thursday, July 23rd. Canaccord Genuity Group reissued a “buy” rating and set a GBX 217 price objective on shares of PensionBee Group in a report on Thursday, July 23rd. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of GBX 200.67.

PensionBee Group Stock Performance

Shares of LON PBEE traded up GBX 2.50 during mid-day trading on Tuesday, hitting GBX 134. The company had a trading volume of 174,459 shares, compared to its average volume of 159,398. PensionBee Group has a 12 month low of GBX 119 and a 12 month high of GBX 171.53. The firm has a market cap of £320.07 million, a P/E ratio of -111.67, a PEG ratio of -0.09 and a beta of 0.43. The business’s 50-day simple moving average is GBX 130.94 and its 200-day simple moving average is GBX 143.78. The company has a debt-to-equity ratio of 0.35, a current ratio of 9.34 and a quick ratio of 7.03.

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.