Royal Bank Of Canada Reaffirms Outperform Rating for PensionBee Group (LON:PBEE)

PensionBee Group (LON:PBEE)‘s stock had its “outperform” rating reaffirmed by stock analysts at Royal Bank Of Canada in a research report issued on Friday,London Stock Exchange reports. They currently have a GBX 175 price target on the stock. Royal Bank Of Canada’s price target suggests a potential upside of 27.27% from the stock’s previous close.

A number of other equities research analysts have also recently weighed in on PBEE. Berenberg Bank reiterated a “buy” rating and issued a GBX 210 price objective on shares of PensionBee Group in a research note on Thursday, July 23rd. Canaccord Genuity Group restated a “buy” rating and set a GBX 217 target price on shares of PensionBee Group in a research report on Friday. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of GBX 200.67.

PensionBee Group Stock Up 0.4%

PensionBee Group stock opened at GBX 137.50 on Friday. PensionBee Group has a fifty-two week low of GBX 119 and a fifty-two week high of GBX 171. The company has a debt-to-equity ratio of 0.08, a quick ratio of 7.03 and a current ratio of 7.16. The company has a market capitalization of £328.44 million, a P/E ratio of -114.58, a PEG ratio of -0.09 and a beta of 0.44. The stock has a 50-day simple moving average of GBX 131 and a 200-day simple moving average of GBX 141.89.

PensionBee Group (LON:PBEE) last announced its 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%. Equities research analysts expect that PensionBee Group will post -9.3899999 earnings per share for the current 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.