XPS Pensions Group (LON:XPS) Upgraded to “Outperform” at Royal Bank Of Canada

XPS Pensions Group (LON:XPS) was upgraded by equities research analysts at Royal Bank Of Canada to an “outperform” rating in a report released on Wednesday,Digital Look reports. The brokerage presently has a GBX 435 target price on the stock, up from their prior target price of GBX 430. Royal Bank Of Canada’s target price points to a potential upside of 27.38% from the stock’s previous close.

A number of other analysts have also recently weighed in on XPS. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 469 price target on shares of XPS Pensions Group in a research report on Wednesday, July 15th. Stifel Nicolaus reaffirmed a “buy” rating and issued a GBX 460 target price on shares of XPS Pensions Group in a research report on Tuesday, April 21st. Berenberg Bank reiterated a “buy” rating and issued a GBX 440 target price on shares of XPS Pensions Group in a research note on Friday, June 19th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 485 target price on shares of XPS Pensions Group in a report on Thursday, June 11th. Six analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of GBX 451.50.

XPS Pensions Group Trading Up 2.9%

Shares of XPS stock opened at GBX 341.50 on Wednesday. The company has a quick ratio of 1.51, a current ratio of 1.67 and a debt-to-equity ratio of 44.65. XPS Pensions Group has a fifty-two week low of GBX 275 and a fifty-two week high of GBX 392. The firm’s 50 day moving average price is GBX 315.21 and its two-hundred day moving average price is GBX 315.03. The stock has a market cap of £698.25 million, a price-to-earnings ratio of 27.54 and a beta of 0.34.

XPS Pensions Group (LON:XPS) last released its quarterly earnings data on Thursday, June 18th. The company reported GBX 13 earnings per share (EPS) for the quarter. XPS Pensions Group had a net margin of 10.11% and a return on equity of 15.48%. The company had revenue of £262.96 million during the quarter.

Insider Activity

In other news, insider Paul Cuff sold 157,182 shares of the firm’s stock in a transaction dated Wednesday, July 22nd. The stock was sold at an average price of GBX 330, for a total transaction of £518,700.60. Also, insider Ben Bramhall sold 157,182 shares of XPS Pensions Group stock in a transaction dated Wednesday, July 22nd. The stock was sold at an average price of GBX 330, for a total value of £518,700.60. Over the last quarter, insiders sold 428,165 shares of company stock worth $141,294,450. Corporate insiders own 1.11% of the company’s stock.

About XPS Pensions Group

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.