PensionBee Group (LON:PBEE) Earns Buy Rating from Canaccord Genuity Group

PensionBee Group (LON:PBEE)‘s stock had its “buy” rating reissued by Canaccord Genuity Group in a report released 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 70.20% from the stock’s previous close.

Several other equities analysts also recently commented on the stock. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 175 price target on shares of PensionBee Group in a research note on Friday, August 14th. Berenberg Bank restated a “buy” rating and set a GBX 210 target price on shares of PensionBee Group in a research report on Thursday, July 23rd. Three equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of GBX 200.67.

PensionBee Group Stock Performance

Shares of LON PBEE opened at GBX 127.50 on Thursday. 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 fifty day moving average price is GBX 132.55 and its two-hundred day moving average price is GBX 135.15. PensionBee Group has a one year low of GBX 117 and a one year high of GBX 170.50. The firm has a market cap of £304.65 million, a price-to-earnings ratio of 30.36, a P/E/G ratio of -0.09 and a beta of 0.44.

PensionBee Group (LON:PBEE) last posted its earnings results 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%. On average, equities analysts forecast that PensionBee Group will post -9.39 EPS for the current year.

About PensionBee Group

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.