Royal Bank Of Canada Reiterates “Outperform” Rating for PensionBee Group (LON:PBEE)

PensionBee Group (LON:PBEE)‘s stock had its “outperform” rating reiterated by investment analysts at Royal Bank Of Canada in a research note issued on Tuesday,London Stock Exchange reports. They currently have a GBX 175 price target on the stock. Royal Bank Of Canada’s target price would indicate a potential upside of 30.60% from the company’s previous close.

PBEE has been the topic of several other research reports. Berenberg Bank restated a “buy” rating and set a GBX 210 price objective on shares of PensionBee Group in a report on Thursday, July 23rd. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 217 target price on shares of PensionBee Group in a research report on Thursday, July 23rd. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, PensionBee Group has an average rating of “Buy” and a consensus target price of GBX 200.67.

PensionBee Group Trading Up 1.9%

Shares of LON:PBEE traded up GBX 2.50 during midday trading on Tuesday, reaching GBX 134. The company had a trading volume of 174,459 shares, compared to its average volume of 159,398. The company has a debt-to-equity ratio of 0.35, a quick ratio of 7.03 and a current ratio of 9.34. PensionBee Group has a 1-year low of GBX 119 and a 1-year high of GBX 171.53. The firm has a market cap of £320.07 million, a price-to-earnings ratio of -111.67, a price-to-earnings-growth ratio of -0.09 and a beta of 0.43. The company has a fifty day simple moving average of GBX 130.94 and a two-hundred day simple moving average of GBX 143.78.

PensionBee Group Company Profile

PensionBee is creating a global leader in the consumer retirement market with approximately £8.6 billion (approximately $11 billion) in assets on behalf of approximately 327,000 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 $11 trillion in savings between them.