XPS Pensions Group plc (LON:XPS) Receives Average Rating of “Buy” from Analysts

XPS Pensions Group plc (LON:XPS) has received an average recommendation of “Buy” from the six analysts that are currently covering the firm, Marketbeat reports. Six equities research analysts have rated the stock with a buy rating. The average 12 month target price among brokers that have covered the stock in the last year is GBX 451.50.

XPS has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 485 price objective on shares of XPS Pensions Group in a research report on Thursday, June 11th. Canaccord Genuity Group restated a “buy” rating and set a GBX 469 target price on shares of XPS Pensions Group in a research report on Wednesday, July 15th. Royal Bank Of Canada raised shares of XPS Pensions Group to an “outperform” rating and upped their price target for the stock from GBX 430 to GBX 435 in a research note on Wednesday, July 29th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 440 price target on shares of XPS Pensions Group in a report on Monday, August 3rd.

XPS Pensions Group Stock Performance

Shares of XPS stock opened at GBX 318.50 on Tuesday. The company has a market cap of £646.65 million, a price-to-earnings ratio of 25.69 and a beta of 0.35. The stock has a 50 day simple moving average of GBX 323.39 and a 200-day simple moving average of GBX 313.13. XPS Pensions Group has a 12-month low of GBX 275 and a 12-month high of GBX 368.50. The company has a current ratio of 1.67, a quick ratio of 1.51 and a debt-to-equity ratio of 44.65.

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

Insider Activity at XPS Pensions Group

In related news, insider Michelle Cracknell bought 5,979 shares of the stock in a transaction on Monday, July 20th. The shares were bought at an average cost of GBX 333 per share, for a total transaction of £19,910.07. Also, insider Ben Bramhall sold 302,077 shares of the stock in a transaction dated Friday, August 7th. The shares were sold at an average price of GBX 340, for a total transaction of £1,027,061.80. Over the last three months, insiders have sold 1,110,388 shares of company stock valued at $373,250,270. 1.31% of the stock is owned by corporate 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.