XPS Pensions Group (LON:XPS) Sets New 12-Month Low – What’s Next?

XPS Pensions Group plc (LON:XPS)’s share price hit a new 52-week low on Tuesday . The company traded as low as GBX 295 and last traded at GBX 298, with a volume of 1268788 shares changing hands. The stock had previously closed at GBX 298.

Wall Street Analysts Forecast Growth

Several brokerages have commented on XPS. Canaccord Genuity Group upped their price target on XPS Pensions Group from GBX 459 to GBX 469 and gave the stock a “buy” rating in a research note on Thursday, November 20th. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 465 target price on shares of XPS Pensions Group in a report on Monday, November 24th. Finally, Shore Capital Group reissued a “buy” rating and set a GBX 420 target price on shares of XPS Pensions Group in a research report on Thursday, November 20th. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 448.50.

XPS Pensions Group Stock Performance

The stock has a market capitalization of £609.31 million, a PE ratio of 25.04 and a beta of 0.29. The company has a current ratio of 1.77, a quick ratio of 1.51 and a debt-to-equity ratio of 53.02. The business’s 50-day moving average is GBX 328.14 and its two-hundred day moving average is GBX 337.06.

Insider Activity at XPS Pensions Group

In other news, insider Snehal Shah sold 50,000 shares of the company’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of GBX 352, for a total value of £176,000. 1.11% of the stock is currently owned by corporate insiders.

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 86 with assets over £1bn.