Canaccord Genuity Group Reiterates Buy Rating for PensionBee Group (LON:PBEE)

PensionBee Group (LON:PBEE)‘s stock had its “buy” rating reissued by investment analysts at Canaccord Genuity Group in a report released on Thursday, Marketbeat reports. They presently have a GBX 217 target price on the stock. Canaccord Genuity Group’s price target points to a potential upside of 33.54% from the stock’s previous close.

Other equities analysts have also recently issued research reports about the company. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 170 target price on shares of PensionBee Group in a research note on Monday, November 3rd. Berenberg Bank restated a “buy” rating and set a GBX 210 price target on shares of PensionBee Group in a report on Thursday. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, PensionBee Group presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 199.

PensionBee Group Stock Performance

Shares of PBEE stock opened at GBX 162.50 on Thursday. The company has a market capitalization of £386.60 million, a price-to-earnings ratio of -86.44, a P/E/G 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 company has a current ratio of 4.23, a quick ratio of 7.03 and a debt-to-equity ratio of 2.45. The stock’s fifty day simple moving average is GBX 161.05 and its 200-day simple moving average is GBX 160.84.

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.