XPS Pensions Group plc (LON:XPS) Receives Consensus Recommendation of “Buy” from Brokerages

XPS Pensions Group plc (LON:XPS) has received a consensus rating of “Buy” from the six analysts that are currently covering the firm, MarketBeat Ratings reports. Six analysts have rated the stock with a buy recommendation. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 451.50.

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

XPS Pensions Group Trading Down 0.7%

LON:XPS opened at GBX 296.50 on Friday. The stock has a market cap of £601.98 million, a price-to-earnings ratio of 23.91 and a beta of 0.34. XPS Pensions Group has a one year low of GBX 275 and a one year high of GBX 368.50. The company has a debt-to-equity ratio of 44.65, a quick ratio of 1.51 and a current ratio of 1.67. The business’s 50-day simple moving average is GBX 319.93 and its 200 day simple moving average is GBX 311.27.

Insider Activity at XPS Pensions Group

In related news, insider Michelle Cracknell acquired 5,979 shares of the firm’s stock in a transaction on Monday, July 20th. The stock was bought at an average cost of GBX 333 per share, with a total value of £19,910.07. Also, insider Paul Cuff sold 319,195 shares of the business’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of GBX 340, for a total transaction of £1,085,263. Over the last quarter, insiders have sold 1,110,388 shares of company stock valued at $373,250,270. 1.03% of the stock is owned by 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.