PensionBee Group (LON:PBEE) Stock Rating Reaffirmed as Buy by Canaccord Genuity Group

PensionBee Group (LON:PBEE)‘s stock had its “buy” rating reiterated by equities researchers at Canaccord Genuity Group in a report released on Thursday, Digital Look reports. They presently have a GBX 217 price objective on the stock. Canaccord Genuity Group‘s price objective points to a potential upside of 70.20% from the company’s current price.

A number of other equities analysts also recently weighed in on PBEE. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 210 price target on shares of PensionBee Group in a research note on Thursday, July 23rd. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 175 price objective 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.com, the company currently has an average rating of “Buy” and an average price target of GBX 200.67.

PensionBee Group Stock Up 5.4%

PBEE traded up GBX 6.50 on Thursday, reaching GBX 127.50. 69,568 shares of the company traded hands, compared to its average volume of 152,894. The company has a market cap of £304.65 million, a price-to-earnings ratio of 30.36, a PEG ratio of -0.09 and a beta of 0.44. The company has a debt-to-equity ratio of 0.08, a current ratio of 7.16 and a quick ratio of 7.03. The stock’s 50 day moving average price is GBX 132.55 and its 200-day moving average price is GBX 135.15. PensionBee Group has a 52-week low of GBX 117 and a 52-week high of GBX 170.50.

PensionBee Group (LON:PBEE) last released its earnings results on Thursday, August 13th. The company reported GBX 3.45 earnings per share (EPS) for the quarter. PensionBee Group had a net margin of 20.77% and a return on equity of 25.24%. On average, sell-side analysts expect that PensionBee Group will post -9.39 EPS for the current fiscal 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.