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

PensionBee Group (LON:PBEE)‘s stock had its “buy” rating reissued by analysts at Berenberg Bank in a report issued on Thursday,Digital Look reports. They presently have a GBX 210 price objective on the stock. Berenberg Bank’s target price would indicate a potential upside of 68.00% from the stock’s current price.

Separately, Royal Bank Of Canada upgraded shares of PensionBee Group to a “sector perform” rating and increased their price target for the stock from GBX 170 to GBX 175 in a research note on Tuesday, May 19th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 200.67.

PensionBee Group Price Performance

LON PBEE opened at GBX 125 on Thursday. The company has a quick ratio of 7.03, a current ratio of 9.34 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of £298.58 million, a PE ratio of -104.17, a price-to-earnings-growth ratio of -0.09 and a beta of 0.43. The company has a 50 day moving average price of GBX 131.83 and a two-hundred day moving average price of GBX 144.96. PensionBee Group has a 12-month low of GBX 119 and a 12-month high of GBX 175.

PensionBee Group Company Profile

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.