PensionBee Group’s (PBEE) Buy Rating Reaffirmed at Canaccord Genuity Group

PensionBee Group (LON:PBEE)‘s stock had its “buy” rating reissued by equities research analysts at Canaccord Genuity Group in a research note issued to investors on Thursday, Digital Look reports. They presently have a GBX 217 price target on the stock. Canaccord Genuity Group‘s target price suggests a potential upside of 73.92% from the stock’s current price.

PBEE has been the topic of several other reports. Berenberg Bank restated a “buy” rating and issued a GBX 210 price objective on shares of PensionBee Group in a research report on Thursday, July 23rd. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 175 target price on shares of PensionBee Group in a report on Friday, August 14th. Three investment analysts have rated the stock with a Buy rating. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of GBX 200.67.

PensionBee Group Stock Performance

Shares of PBEE opened at GBX 124.77 on Thursday. The stock has a 50 day moving average of GBX 132.74 and a 200 day moving average of GBX 135.20. The company has a current ratio of 7.16, a quick ratio of 7.03 and a debt-to-equity ratio of 0.08. The company has a market capitalization of £298.13 million, a price-to-earnings ratio of 29.71, a PEG ratio of -0.09 and a beta of 0.44. PensionBee Group has a 12 month low of GBX 117 and a 12 month high of GBX 170.50.

PensionBee Group (LON:PBEE) last announced its quarterly earnings data on Thursday, August 13th. The company reported GBX 3.45 earnings per share for the quarter. PensionBee Group had a return on equity of 25.24% and a net margin of 20.77%. As a group, sell-side analysts forecast that PensionBee Group will post -9.39 earnings per share for the current year.

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.