PensionBee Group (LON:PBEE) Trading 0.3% Higher – What’s Next?

PensionBee Group plc (LON:PBEE) shares shot up 0.3% during trading on Thursday . The stock traded as high as GBX 159 and last traded at GBX 155. 20,807 shares were traded during trading, a decline of 93% from the average session volume of 300,469 shares. The stock had previously closed at GBX 154.50.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on PBEE shares. Berenberg Bank restated a “buy” rating and issued a GBX 210 price objective on shares of PensionBee Group in a research report on Thursday, January 22nd. Canaccord Genuity Group restated a “buy” rating and set a GBX 217 target price on shares of PensionBee Group in a research report on Thursday, January 22nd. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 170 price target on shares of PensionBee Group in a report on Monday, November 3rd. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, PensionBee Group has an average rating of “Moderate Buy” and an average price target of GBX 199.

PensionBee Group Stock Up 1.6%

The business’s fifty day simple moving average is GBX 161.90 and its 200 day simple moving average is GBX 160.09. The stock has a market cap of £374.49 million, a price-to-earnings ratio of -83.73, a price-to-earnings-growth ratio of -0.09 and a beta of 0.37. The company has a current ratio of 4.23, a quick ratio of 7.03 and a debt-to-equity ratio of 2.45.

About PensionBee Group

PensionBee is creating a global leader in the consumer retirement market with approximately £7 billion in assets on behalf of c.300,000 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 $10 trillion in savings between them.