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 stock analysts at Canaccord Genuity Group in a research note issued to investors on Thursday, Digital Look reports. They presently have a GBX 217 target price on the stock. Canaccord Genuity Group‘s price target indicates a potential upside of 70.20% from the stock’s current price.

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

PensionBee Group Stock Up 5.4%

Shares of PBEE stock traded up GBX 6.50 during mid-day trading on Thursday, reaching GBX 127.50. 69,568 shares of the company’s stock traded hands, compared to its average volume of 152,894. The company has a market cap of £304.65 million, a P/E ratio of 30.36, a P/E/G ratio of -0.09 and a beta of 0.44. The company has a quick ratio of 7.03, a current ratio of 7.16 and a debt-to-equity ratio of 0.08. The company’s 50-day moving average price is GBX 132.74 and its 200-day moving average price is GBX 135.20. PensionBee Group has a 12 month low of GBX 117 and a 12 month high of GBX 170.50.

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