XPS Pensions Group’s (XPS) Buy Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft restated their buy rating on shares of XPS Pensions Group (LON:XPS) in a research report sent to investors on Friday morning, MarketBeat.com reports. They currently have a GBX 435 ($5.45) price target on the stock.

Several other equities research analysts have also recently commented on the company. Shore Capital reissued a “hold” rating on shares of XPS Pensions Group in a research note on Thursday. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 401 ($5.03) price objective on shares of XPS Pensions Group in a research report on Thursday. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 356.50 ($4.47).

XPS Pensions Group Stock Performance

Shares of XPS Pensions Group stock opened at GBX 358 ($4.49) on Friday. The company has a debt-to-equity ratio of 17.51, a current ratio of 1.27 and a quick ratio of 1.51. The firm has a 50 day simple moving average of GBX 330.14 and a 200 day simple moving average of GBX 306.23. XPS Pensions Group has a fifty-two week low of GBX 194.65 ($2.44) and a fifty-two week high of GBX 377 ($4.73). The firm has a market cap of £740.20 million, a P/E ratio of 1,432.00 and a beta of 0.57.

XPS Pensions Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, February 7th. Shareholders of record on Thursday, January 9th will be given a dividend of GBX 3.70 ($0.05) per share. This represents a dividend yield of 1.03%. The ex-dividend date of this dividend is Thursday, January 9th. XPS Pensions Group’s payout ratio is 4,000.00%.

Insider Activity

In other news, insider Snehal Shah sold 66,830 shares of the company’s stock in a transaction dated Wednesday, October 16th. The stock was sold at an average price of GBX 335 ($4.20), for a total value of £223,880.50 ($280,657.52). Also, insider Alan Bannatyne purchased 13,033 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was purchased at an average price of GBX 349 ($4.38) per share, for a total transaction of £45,485.17 ($57,020.40). 5.14% of the stock is currently owned by company insiders.

About XPS Pensions Group

XPS Pensions Group plc, together with its subsidiaries, provides employee benefit consultancy and related business services in the United Kingdom. It offers pension advisory; independent consultancy; DB master trust schemes; and self-invested personal pension (SIPP) and SSAS pension services. The company also provides pension administer services, such as payroll, scheme administration, outsourcing, payroll, scheme accounting, and scam identification and protection services, as well as member communication, de-risking projects, GMP equalization, data audits and cleansing, and trustee secretarial services.