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

PensionBee Group (LON:PBEE)‘s stock had its “buy” rating reaffirmed by investment analysts at Canaccord Genuity Group in a research note issued to investors on Thursday,Digital Look reports. They presently have a GBX 217 target price on the stock. Canaccord Genuity Group’s price target indicates a potential upside of 73.60% from the stock’s previous close.

Several other analysts have also weighed in on PBEE. Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 175 price objective on shares of PensionBee Group in a report on Thursday. Berenberg Bank reaffirmed a “buy” rating and set a GBX 210 target price on shares of PensionBee Group in a report on Thursday. 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, PensionBee Group presently has a consensus rating of “Moderate Buy” and an average target price of GBX 200.67.

PensionBee Group Stock Performance

Shares of LON PBEE opened at GBX 125 on Thursday. The stock has a fifty day moving average price of GBX 131.83 and a two-hundred day moving average price of 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 firm 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 has a 1 year low of GBX 119 and a 1 year high of GBX 175.

About PensionBee Group

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.