XPS Pensions Group (LON:XPS) Stock Keeps Buy Rating at Berenberg Bank

XPS Pensions Group (LON:XPS)‘s stock had its “buy” rating reaffirmed by equities researchers at Berenberg Bank in a research report issued on Friday, October 16th, Digital Look reports. They presently have a GBX 440 price objective on the stock. Berenberg Bank‘s price target suggests a potential upside of 29.99% from the company’s previous close.

Several other equities research analysts have also issued reports on the stock. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 469 price target on shares of XPS Pensions Group in a report on Thursday, October 15th. Royal Bank Of Canada raised shares of XPS Pensions Group to an “outperform” rating and raised their price objective for the stock from GBX 430 to GBX 435 in a report on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 485 target price on shares of XPS Pensions Group in a research report on Tuesday, October 6th. Six investment analysts have rated the stock with a Buy rating. According to MarketBeat.com, XPS Pensions Group currently has an average rating of “Buy” and a consensus target price of GBX 451.50.

XPS Pensions Group Stock Performance

XPS stock traded up GBX 1 during midday trading on Friday, hitting GBX 338.50. The stock had a trading volume of 4,022,845 shares, compared to its average volume of 2,005,097. The firm has a market capitalization of £687.26 million, a price-to-earnings ratio of 27.30 and a beta of 0.35. XPS Pensions Group has a 52 week low of GBX 275 and a 52 week high of GBX 368.50. The stock has a 50-day simple moving average of GBX 312.72 and a 200 day simple moving average of GBX 313.91. The company has a current ratio of 1.67, a quick ratio of 1.51 and a debt-to-equity ratio of 44.65.

Insider Activity at XPS Pensions Group

In other XPS Pensions Group news, insider Ben Bramhall sold 302,077 shares of the company’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of GBX 340, for a total value of £1,027,061.80. Also, insider Snehal Shah sold 26,879 shares of the stock in a transaction on Thursday, July 30th. The stock was sold at an average price of GBX 340, for a total value of £91,388.60. Insiders have sold a total of 682,223 shares of company stock valued at $231,955,820 in the last 90 days. 1.03% 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.