PensionBee Group (LON:PBEE) Sets New 1-Year Low – What’s Next?

PensionBee Group plc (LON:PBEE)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 130 and last traded at GBX 137, with a volume of 355689 shares traded. The stock had previously closed at GBX 132.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on PBEE. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 217 target price on shares of PensionBee Group in a research report on Thursday, March 12th. Royal Bank Of Canada upgraded shares of PensionBee Group to a “sector perform” rating and raised their target price for the stock from GBX 170 to GBX 175 in a report on Tuesday, May 19th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 210 price target on shares of PensionBee Group in a report on Thursday, April 23rd. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, PensionBee Group presently has a consensus rating of “Moderate Buy” and an average price target of GBX 200.67.

PensionBee Group Price Performance

The company has a quick ratio of 7.03, a current ratio of 9.34 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of £326.97 million, a PE ratio of -114.17, a PEG ratio of -0.09 and a beta of 0.43. The firm’s fifty day simple moving average is GBX 141.98 and its 200-day simple moving average is GBX 151.66.

About PensionBee Group

PensionBee is creating a global leader in the consumer retirement market with approximately £7.5 billion (approximately $10 billion) in assets on behalf of approximately 315,000 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 $10 trillion in savings between them.