XPS Pensions Group (LON:XPS) Upgraded at Royal Bank Of Canada

Royal Bank Of Canada upgraded shares of XPS Pensions Group (LON:XPS) to an outperform rating in a report released on Wednesday,Digital Look reports. Royal Bank Of Canada currently has GBX 435 price target on the stock, up from their prior price target of GBX 430.

Several other analysts also recently commented on the company. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 469 price objective on shares of XPS Pensions Group in a research note on Wednesday, July 15th. Stifel Nicolaus reiterated a “buy” rating and issued a GBX 460 target price on shares of XPS Pensions Group in a research note on Tuesday, April 21st. Berenberg Bank reissued a “buy” rating and issued a GBX 440 target price on shares of XPS Pensions Group in a report on Friday, June 19th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 485 price target on shares of XPS Pensions Group in a research note on Thursday, June 11th. Six investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of GBX 451.50.

XPS Pensions Group Trading Down 1.5%

LON XPS opened at GBX 331.50 on Wednesday. The firm’s fifty day moving average is GBX 316.80 and its two-hundred day moving average is GBX 315.10. XPS Pensions Group has a one year low of GBX 275 and a one year high of GBX 392. The company has a debt-to-equity ratio of 44.65, a quick ratio of 1.51 and a current ratio of 1.67. The firm has a market cap of £677.80 million, a PE ratio of 26.73 and a beta of 0.34.

XPS Pensions Group (LON:XPS) last announced its earnings results on Thursday, June 18th. The company reported GBX 13 earnings per share for the quarter. XPS Pensions Group had a net margin of 10.11% and a return on equity of 15.48%. The business had revenue of £262.96 million during the quarter.

Insider Activity

In other XPS Pensions Group news, insider Snehal Shah sold 26,879 shares of the business’s stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of GBX 340, for a total transaction of £91,388.60. Also, insider Ben Bramhall sold 157,182 shares of the stock in a transaction that occurred on Wednesday, July 22nd. The stock was sold at an average price of GBX 330, for a total value of £518,700.60. Insiders have sold 489,116 shares of company stock worth $162,017,790 in the last three months. 1.11% of the stock is currently owned by company insiders.

XPS Pensions Group Company Profile

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. We undertake pensions administration for over one million members and provide advisory services to schemes and corporate sponsors in respect of schemes of all sizes, including 83 with assets over £1bn.