PensionBee Group (LON:PBEE) Given “Buy” Rating at Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of PensionBee Group (LON:PBEE) in a report released on Friday morning,Digital Look reports. Canaccord Genuity Group currently has a GBX 217 target price on the stock.

Other analysts have also recently issued reports about the stock. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 175 target price on shares of PensionBee Group in a research note on Tuesday, July 28th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 210 price target on shares of PensionBee Group in a research report on Thursday, July 23rd. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of GBX 200.67.

PensionBee Group Stock Performance

Shares of LON:PBEE opened at GBX 137 on Friday. The firm has a 50 day moving average of GBX 131 and a 200 day moving average of GBX 142.03. 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 company has a market capitalization of £327.24 million, a price-to-earnings ratio of -114.17, a price-to-earnings-growth ratio of -0.09 and a beta of 0.44. PensionBee Group has a 52 week low of GBX 119 and a 52 week high of GBX 171.50.

PensionBee Group (LON:PBEE) last announced its earnings results on Thursday, August 13th. The company reported GBX 3.45 earnings per share (EPS) for the quarter. PensionBee Group had a negative return on equity of 8.36% and a negative net margin of 6.69%. On average, sell-side analysts predict that PensionBee Group will post -9.3899999 earnings per share for the current fiscal year.

PensionBee Group Company Profile

PensionBee is creating a global leader in the consumer retirement market with approximately £8.6 billion (approximately $11 billion) in assets on behalf of approximately 327,000 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 $11 trillion in savings between them.