XPS Pensions Group plc (LON:XPS) Stock Rated “Buy” by Sell-Side Brokerages

XPS Pensions Group plc (LON:XPS) has been assigned an average rating of “Buy” from the six ratings firms that are presently covering the stock, MarketBeat reports. Six analysts have rated the stock with a buy recommendation. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 451.50.

XPS has been the topic of a number of research reports. Canaccord Genuity Group restated a “buy” rating and issued a GBX 469 price target on shares of XPS Pensions Group in a report on Thursday, October 15th. Royal Bank Of Canada raised shares of XPS Pensions Group to an “outperform” rating and boosted their price objective for the stock from GBX 430 to GBX 435 in a research report on Wednesday, July 29th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 440 target price on shares of XPS Pensions Group in a research report on Friday, October 16th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 485 price objective on shares of XPS Pensions Group in a research report on Tuesday, October 6th.

XPS Pensions Group Stock Performance

XPS stock opened at GBX 348 on Friday. The company has a market cap of £706.54 million, a P/E ratio of 28.06 and a beta of 0.35. The business’s fifty day moving average is GBX 318.35 and its 200-day moving average is GBX 316.24. 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 twelve month low of GBX 275 and a twelve month high of GBX 368.50.

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.