PensionBee Group (LON:PBEE) Hits New 52-Week Low – What’s Next?

PensionBee Group plc (LON:PBEE) reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 119.50 and last traded at GBX 119.50, with a volume of 30251 shares. The stock had previously closed at GBX 124.50.

Analyst Upgrades and Downgrades

PBEE has been the topic of several recent research reports. Royal Bank Of Canada raised shares of PensionBee Group to a “sector perform” rating and boosted their price target for the company from GBX 170 to GBX 175 in a research report on Tuesday, May 19th. Berenberg Bank restated a “buy” rating and set a GBX 210 price objective on shares of PensionBee Group in a research report on Thursday, April 23rd. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, PensionBee Group currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 200.67.

PensionBee Group Stock Up 5.4%

The company has a market capitalization of £302.16 million, a PE ratio of -105.42, a price-to-earnings-growth ratio of -0.09 and a beta of 0.43. 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 50-day moving average of GBX 134.16 and a two-hundred day moving average of GBX 146.56.

PensionBee Group Company Profile

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.