Royal Bank Of Canada Reiterates “Outperform” Rating for PensionBee Group (LON:PBEE)

PensionBee Group (LON:PBEE)‘s stock had its “outperform” rating restated by analysts at Royal Bank Of Canada in a research note issued to investors on Tuesday,London Stock Exchange reports. They currently have a GBX 175 price target on the stock. Royal Bank Of Canada’s price target indicates a potential upside of 30.60% from the stock’s current price.

Other analysts also recently issued research reports about the company. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 217 price objective on shares of PensionBee Group in a research note on Thursday, July 23rd. Berenberg Bank reaffirmed a “buy” rating and set a GBX 210 target price on shares of PensionBee Group in a research note on Thursday, July 23rd. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of GBX 200.67.

PensionBee Group Price Performance

PBEE traded up GBX 2.50 during trading on Tuesday, reaching GBX 134. The stock had a trading volume of 174,459 shares, compared to its average volume of 159,398. The stock has a 50 day moving average of GBX 130.94 and a two-hundred day moving average of GBX 143.78. 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 £320.07 million, a price-to-earnings ratio of -111.67, a price-to-earnings-growth ratio of -0.09 and a beta of 0.43. PensionBee Group has a 1-year low of GBX 119 and a 1-year high of GBX 171.53.

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.