PensionBee Group (LON:PBEE) Hits New 1-Year Low – Should You Sell?

PensionBee Group plc (LON:PBEE)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 130 and last traded at GBX 137, with a volume of 355689 shares. The stock had previously closed at GBX 132.

Analyst Ratings Changes

A number of equities research analysts recently commented on PBEE shares. Canaccord Genuity Group restated a “buy” rating and issued a GBX 217 price objective on shares of PensionBee Group in a research report on Thursday, March 12th. Royal Bank Of Canada raised PensionBee Group to a “sector perform” rating and increased their target price for the stock from GBX 170 to GBX 175 in a research note on Tuesday, May 19th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 210 price target on shares of PensionBee Group in a report on Thursday, April 23rd. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 200.67.

PensionBee Group Trading Down 0.7%

The firm has a market cap of £323.39 million, a PE ratio of -112.92, a PEG ratio of -0.09 and a beta of 0.42. The company has a debt-to-equity ratio of 0.35, a current ratio of 9.34 and a quick ratio of 7.03. The business has a 50-day moving average price of GBX 141.85 and a two-hundred day moving average price of GBX 151.33.

PensionBee Group Company Profile

PensionBee is creating a global leader in the consumer retirement market with approximately £7.5 billion (approximately $10 billion) in assets on behalf of approximately 315,000 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.