Berenberg Bank Reiterates Buy Rating for PensionBee Group (LON:PBEE)

PensionBee Group (LON:PBEE)‘s stock had its “buy” rating restated by Berenberg Bank in a research report issued on Thursday, Marketbeat Ratings reports. They presently have a GBX 210 price objective on the stock. Berenberg Bank’s price objective would indicate a potential upside of 29.23% from the stock’s previous close.

A number of other brokerages also recently weighed in on PBEE. 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 restated a “sector perform” rating and issued a GBX 170 target price on shares of PensionBee Group in a research note on Monday, November 3rd. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, PensionBee Group has an average rating of “Moderate Buy” and an average price target of GBX 199.

PensionBee Group Stock Down 2.1%

PBEE stock opened at GBX 162.50 on Thursday. The firm has a market cap of £386.60 million, a price-to-earnings ratio of -86.44, a PEG ratio of -0.09 and a beta of 0.37. PensionBee Group has a 1-year low of GBX 131 and a 1-year high of GBX 175. The firm has a fifty day moving average price of GBX 161.05 and a two-hundred day moving average price of GBX 160.84. The company has a debt-to-equity ratio of 2.45, a current ratio of 4.23 and a quick ratio of 7.03.

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.