Deutsche Bank Aktiengesellschaft Reaffirms Buy Rating for XPS Pensions Group (LON:XPS)

XPS Pensions Group (LON:XPS)‘s stock had its “buy” rating reissued by research analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Tuesday, Digital Look reports. They presently have a GBX 485 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 61.13% from the stock’s current price.

Other analysts have also recently issued reports about the stock. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 469 target price on shares of XPS Pensions Group in a research note on Thursday, September 3rd. Royal Bank Of Canada upgraded shares of XPS Pensions Group to an “outperform” rating and upped their price target for the company from GBX 430 to GBX 435 in a research note on Wednesday, July 29th. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 440 price target on shares of XPS Pensions Group in a report on Monday, August 3rd. Six investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of GBX 451.50.

XPS Pensions Group Price Performance

Shares of XPS stock opened at GBX 301 on Tuesday. XPS Pensions Group has a fifty-two week low of GBX 275 and a fifty-two week high of GBX 368.50. The firm has a market capitalization of £611.12 million, a price-to-earnings ratio of 24.27 and a beta of 0.34. The company has a debt-to-equity ratio of 44.65, a quick ratio of 1.51 and a current ratio of 1.67. The stock’s 50-day simple moving average is GBX 314.73 and its 200-day simple moving average is GBX 311.15.

Insider Transactions at XPS Pensions Group

In related news, insider Snehal Shah sold 113,801 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 transaction of £375,543.30. Also, insider Michelle Cracknell bought 5,979 shares of the firm’s stock in a transaction that occurred on Monday, July 20th. The shares were purchased at an average cost of GBX 333 per share, with a total value of £19,910.07. Insiders sold a total of 1,110,388 shares of company stock valued at $373,250,270 over the last three months. Company insiders own 1.03% of the company’s stock.

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.