XPS Pensions Group (LON:XPS) Stock Rating Reaffirmed as Buy by Deutsche Bank Aktiengesellschaft

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

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

XPS Pensions Group Stock Up 0.7%

LON XPS opened at GBX 301 on Tuesday. The stock’s 50 day moving average is GBX 314.73 and its 200 day moving average is GBX 311.15. The company has a current ratio of 1.67, a quick ratio of 1.51 and a debt-to-equity ratio of 44.65. XPS Pensions Group has a 12 month low of GBX 275 and a 12 month high of GBX 368.50. The stock has a market cap of £611.12 million, a PE ratio of 24.27 and a beta of 0.34.

Insider Buying and Selling at XPS Pensions Group

In other news, insider Paul Cuff sold 319,195 shares of the business’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of GBX 340, for a total value of £1,085,263. Also, insider Michelle Cracknell bought 5,979 shares of the firm’s stock in a transaction dated Monday, July 20th. The shares were acquired at an average price of GBX 333 per share, for a total transaction of £19,910.07. Over the last quarter, insiders sold 1,110,388 shares of company stock valued at $373,250,270. Corporate insiders own 1.03% 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.