PensionBee Group (LON:PBEE) Trading 0.9% Higher – What’s Next?

PensionBee Group plc (LON:PBEEGet Free Report)’s stock price traded up 0.9% during trading on Tuesday . The stock traded as high as GBX 161 and last traded at GBX 158.43. 57,519 shares were traded during mid-day trading, a decline of 58% from the average session volume of 138,451 shares. The stock had previously closed at GBX 157.

Analysts Set New Price Targets

A number of analysts have recently weighed in on PBEE shares. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 217 price objective on shares of PensionBee Group in a research report on Thursday, October 23rd. Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 170 price objective on shares of PensionBee Group in a research report on Monday, November 3rd. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 210 target price on shares of PensionBee Group in a report on Thursday, October 23rd. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 199.

Read Our Latest Research Report on PensionBee Group

PensionBee Group Trading Up 0.9%

The business’s fifty day simple moving average is GBX 158.20 and its two-hundred day simple moving average is GBX 161.08. The company has a quick ratio of 7.03, a current ratio of 4.23 and a debt-to-equity ratio of 2.45. The company has a market cap of £376.92 million, a price-to-earnings ratio of -84.27, a PEG ratio of -0.09 and a beta of 0.37.

PensionBee Group Company Profile

(Get Free Report)

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.

Further Reading

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