XPS Pensions Group (LON:XPS) Receives Buy Rating from Berenberg Bank

XPS Pensions Group (LON:XPS)‘s stock had its “buy” rating reiterated by analysts at Berenberg Bank in a research report issued to clients and investors on Monday,London Stock Exchange reports. They presently have a GBX 440 target price on the stock. Berenberg Bank’s price objective would indicate a potential upside of 31.54% from the company’s previous close.

Other equities analysts have also issued research reports about the company. Royal Bank Of Canada upgraded XPS Pensions Group to an “outperform” rating and lifted their price target for the company from GBX 430 to GBX 435 in a research note on Wednesday, July 29th. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 469 price objective on shares of XPS Pensions Group in a report on Wednesday, July 15th. Stifel Nicolaus reissued a “buy” rating and issued a GBX 460 price objective on shares of XPS Pensions Group in a report on Tuesday, April 21st. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 485 price objective on shares of XPS Pensions Group in a research report on Thursday, June 11th. Six research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of GBX 451.50.

XPS Pensions Group Stock Up 0.9%

XPS opened at GBX 334.50 on Monday. The company has a fifty day moving average of GBX 316.80 and a two-hundred day moving average of GBX 314.91. The stock has a market capitalization of £683.94 million, a price-to-earnings ratio of 26.98 and a beta of 0.34. XPS Pensions Group has a fifty-two week low of GBX 275 and a fifty-two week high of GBX 392. The company has a debt-to-equity ratio of 44.65, a quick ratio of 1.51 and a current ratio of 1.67.

XPS Pensions Group (LON:XPS) last posted its earnings results on Thursday, June 18th. The company reported GBX 13 earnings per share (EPS) for the quarter. XPS Pensions Group had a net margin of 10.11% and a return on equity of 15.48%. The business had revenue of £262.96 million for the quarter.

Insider Activity at XPS Pensions Group

In related news, insider Michelle Cracknell purchased 5,979 shares of XPS Pensions Group stock in a transaction that occurred on Monday, July 20th. The stock was purchased at an average price of GBX 333 per share, for a total transaction of £19,910.07. Also, insider Paul Cuff sold 157,182 shares of the firm’s stock in a transaction dated Wednesday, July 22nd. The shares were sold at an average price of GBX 330, for a total transaction of £518,700.60. Insiders have sold 489,116 shares of company stock worth $162,017,790 in the last ninety days. 1.11% of the stock is owned by company insiders.

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.