XPS Pensions Group plc (LON:XPS) Stock Has Average Target Price of GBX 451.50

Shares of XPS Pensions Group plc (LON:XPS) have been given an average recommendation of “Buy” by the six ratings firms that are presently covering the firm, MarketBeat reports. Six analysts have rated the stock with a buy recommendation. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is GBX 451.50.

A number of research firms recently weighed in on XPS. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 485 price objective on shares of XPS Pensions Group in a report on Tuesday, October 6th. Royal Bank Of Canada raised shares of XPS Pensions Group to an “outperform” rating and boosted their target price for the company from GBX 430 to GBX 435 in a research note on Wednesday, July 29th. Canaccord Genuity Group reissued a “buy” rating and set a GBX 469 target price on shares of XPS Pensions Group in a research note on Thursday, September 3rd. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 440 target price on shares of XPS Pensions Group in a research report on Monday, August 3rd.

Insiders Place Their Bets

In other news, insider Ben Bramhall sold 302,077 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of GBX 340, for a total transaction of £1,027,061.80. Also, insider Snehal Shah sold 113,801 shares of the stock in a transaction that occurred on Wednesday, July 22nd. The stock was sold at an average price of GBX 330, for a total value of £375,543.30. In the last ninety days, insiders have sold 1,110,388 shares of company stock valued at $373,250,270. Corporate insiders own 1.03% of the company’s stock.

XPS Pensions Group Stock Performance

XPS stock opened at GBX 309 on Wednesday. XPS Pensions Group has a 1 year low of GBX 275 and a 1 year high of GBX 368.50. The stock has a market capitalization of £627.36 million, a price-to-earnings ratio of 24.92 and a beta of 0.35. 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 fifty day moving average is GBX 312.75 and its two-hundred day moving average is GBX 311.66.

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.