XPS Pensions Group (LON:XPS) Earns “Buy” Rating from Berenberg Bank

XPS Pensions Group (LON:XPS)‘s stock had its “buy” rating reiterated by research analysts at Berenberg Bank in a research note issued to investors on Friday,London Stock Exchange reports. They presently have a GBX 440 price objective on the stock. Berenberg Bank’s price target indicates a potential upside of 38.58% from the company’s previous close.

A number of other research analysts have also recently commented on XPS. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 469 price target on shares of XPS Pensions Group in a research report on Thursday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 485 price objective on shares of XPS Pensions Group in a research note on Thursday, June 11th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a GBX 460 target price on shares of XPS Pensions Group in a report on Tuesday, April 21st. Six analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of GBX 456.50.

XPS Pensions Group Trading Up 2.4%

LON XPS opened at GBX 317.50 on Friday. The company has a quick ratio of 1.51, a current ratio of 1.77 and a debt-to-equity ratio of 53.02. The stock’s 50-day simple moving average is GBX 307.97 and its two-hundred day simple moving average is GBX 319.27. XPS Pensions Group has a twelve month low of GBX 275 and a twelve month high of GBX 392. The company has a market capitalization of £649.18 million, a price-to-earnings ratio of 26.68 and a beta of 0.34.

XPS Pensions Group (LON:XPS) last announced its quarterly earnings data on Thursday, June 18th. The company reported GBX 13 EPS for the quarter. The firm had revenue of £262.96 million for the quarter. XPS Pensions Group had a return on equity of 14.67% and a net margin of 10.51%.

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.