PensionBee Group’s (PBEE) Buy Rating Reaffirmed at Canaccord Genuity Group

PensionBee Group (LON:PBEE)‘s stock had its “buy” rating reiterated by research analysts at Canaccord Genuity Group in a report issued on Thursday,Digital Look reports. They currently have a GBX 217 price target on the stock. Canaccord Genuity Group’s target price points to a potential upside of 73.08% from the stock’s previous close.

A number of other research firms also recently issued reports on PBEE. Berenberg Bank restated a “buy” rating and issued a GBX 210 target price on shares of PensionBee Group in a report on Thursday. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 175 price target on shares of PensionBee Group in a research note on Thursday. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 200.67.

PensionBee Group Trading Up 1.5%

LON PBEE opened at GBX 125.38 on Thursday. PensionBee Group has a 12 month low of GBX 119.50 and a 12 month high of GBX 175. The company has a 50-day moving average of GBX 132.61 and a 200-day moving average of GBX 145.43. 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 company has a market cap of £299.48 million, a P/E ratio of -104.48, a P/E/G ratio of -0.09 and a beta of 0.43.

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.