Canaccord Genuity Group Reaffirms Buy Rating for PensionBee Group (LON:PBEE)

PensionBee Group (LON:PBEE)‘s stock had its “buy” rating reiterated by equities researchers at Canaccord Genuity Group in a report issued on Thursday,Digital Look reports. They presently have a GBX 217 target price on the stock. Canaccord Genuity Group’s target price would indicate a potential upside of 40.31% from the stock’s previous close.

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 210 price objective on shares of PensionBee Group in a research note on Thursday. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 199.

PensionBee Group Trading Up 1.1%

LON:PBEE opened at GBX 154.66 on Thursday. The stock has a fifty day simple moving average of GBX 160.17 and a 200 day simple moving average of GBX 158.73. The firm has a market capitalization of £367.95 million, a price-to-earnings ratio of -82.27, a price-to-earnings-growth ratio of -0.09 and a beta of 0.37. PensionBee Group has a 1-year low of GBX 131 and a 1-year high of GBX 175. The company has a quick ratio of 7.03, a current ratio of 5.13 and a debt-to-equity ratio of 0.66.

PensionBee Group (LON:PBEE) last posted its quarterly earnings data on Thursday, March 12th. The company reported GBX (1.20) EPS for the quarter. PensionBee Group had a negative net margin of 12.33% and a negative return on equity of 13.61%. Sell-side analysts forecast 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 £7 billion in assets on behalf of c.300,000 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.