Berenberg Bank Reaffirms Buy Rating for PensionBee Group (LON:PBEE)

PensionBee Group (LON:PBEE)‘s stock had its “buy” rating restated by investment analysts at Berenberg Bank in a research note issued on Thursday,Digital Look reports. They presently have a GBX 210 price objective on the stock. Berenberg Bank’s target price would suggest a potential upside of 66.01% from the company’s current price.

Separately, Royal Bank Of Canada upgraded PensionBee Group to a “sector perform” rating and upped their price objective for the company from GBX 170 to GBX 175 in a research note on Tuesday, May 19th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 200.67.

PensionBee Group Trading Up 2.4%

Shares of PBEE opened at GBX 126.50 on Thursday. PensionBee Group has a twelve month low of GBX 119.50 and a twelve month high of GBX 175. The firm has a market capitalization of £302.16 million, a P/E ratio of -105.42, a price-to-earnings-growth ratio of -0.09 and a beta of 0.43. The company has a current ratio of 9.34, a quick ratio of 7.03 and a debt-to-equity ratio of 0.35. The stock’s fifty day simple moving average is GBX 132.61 and its 200 day simple moving average is GBX 145.43.

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.