XPS Pensions Group (LON:XPS) Reaches New 52-Week Low – What’s Next?

XPS Pensions Group plc (LON:XPS)’s share price reached a new 52-week low during trading on Monday . The company traded as low as GBX 297 and last traded at GBX 299, with a volume of 37360 shares traded. The stock had previously closed at GBX 304.43.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Shore Capital Group reiterated a “buy” rating and set a GBX 420 target price on shares of XPS Pensions Group in a report on Thursday, November 20th. Canaccord Genuity Group raised their price target on shares of XPS Pensions Group from GBX 459 to GBX 469 and gave the company a “buy” rating in a report on Thursday, November 20th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 465 price target on shares of XPS Pensions Group in a research report on Monday, November 24th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of GBX 448.50.

XPS Pensions Group Trading Down 2.3%

The firm has a market cap of £619.53 million, a price-to-earnings ratio of 25.46 and a beta of 0.29. The company has a quick ratio of 1.51, a current ratio of 1.77 and a debt-to-equity ratio of 53.02. The business has a 50 day moving average price of GBX 331.17 and a 200-day moving average price of GBX 338.57.

Insiders Place Their Bets

In other XPS Pensions Group news, insider Snehal Shah sold 50,000 shares of the stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of GBX 352, for a total value of £176,000. 1.11% of the stock is currently owned by corporate insiders.

XPS Pensions Group Company Profile

XPS Group is a leading UK consulting and administration business specialising in the pensions and insurance sectors. A FTSE 250 company, XPS combines expertise and insight with advanced technology and analytics to address the needs of over 1,300 pension schemes and their sponsoring employers on an ongoing and project basis. We undertake pensions administration for over one million members and provide advisory services to schemes and corporate sponsors in respect of schemes of all sizes, including 86 with assets over £1bn.