PensionBee Group (LON:PBEE) Reaches New 1-Year Low – Should You Sell?

Shares of PensionBee Group plc (LON:PBEEGet Free Report) reached a new 52-week low on Thursday . The stock traded as low as GBX 119.50 and last traded at GBX 120, with a volume of 79222 shares traded. The stock had previously closed at GBX 123.50.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on PBEE. Berenberg Bank reiterated a “buy” rating and issued a GBX 210 price objective on shares of PensionBee Group in a research report on Thursday. 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. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 175 price target on shares of PensionBee Group in a report on Thursday. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 200.67.

Read Our Latest Report on PBEE

PensionBee Group Stock Up 4.6%

The firm’s 50-day simple moving average is GBX 131.83 and its 200 day simple moving average is GBX 144.96. The company has a debt-to-equity ratio of 0.35, a quick ratio of 7.03 and a current ratio of 9.34. The company has a market cap of £298.58 million, a P/E ratio of -104.17, a PEG ratio of -0.09 and a beta of 0.43.

PensionBee Group Company Profile

(Get Free Report)

PensionBee is creating a global leader in the consumer retirement market with approximately £7.5 billion (approximately $10 billion) in assets on behalf of approximately 315,000 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.

Further Reading

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