XPS Pensions Group (LON:XPS) Shares Pass Above 50 Day Moving Average – Here’s What Happened

XPS Pensions Group plc (LON:XPS) shares crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 301.82 and traded as high as GBX 315. XPS Pensions Group shares last traded at GBX 311.59, with a volume of 626,446 shares.

Analysts Set New Price Targets

A number of research firms have recently weighed in on XPS. Berenberg Bank reaffirmed a “buy” rating and set a GBX 440 price target on shares of XPS Pensions Group in a research note on Wednesday, April 22nd. Stifel Nicolaus reissued a “buy” rating and set a GBX 460 price objective on shares of XPS Pensions Group in a report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 485 price objective on shares of XPS Pensions Group in a report on Wednesday, April 22nd. Finally, Canaccord Genuity Group reissued a “buy” rating and set a GBX 469 price objective on shares of XPS Pensions Group in a report on Tuesday, April 21st. Six research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 456.50.

XPS Pensions Group Stock Performance

The company has a current ratio of 1.77, a quick ratio of 1.51 and a debt-to-equity ratio of 53.02. The firm has a market cap of £642.02 million, a price-to-earnings ratio of 26.39 and a beta of 0.35. The stock has a fifty day moving average price of GBX 301.82 and a 200 day moving average price of GBX 323.22.

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.