PensionBee Group (LON:PBEE) Given “Buy” Rating at Canaccord Genuity Group

PensionBee Group (LON:PBEE)‘s stock had its “buy” rating reaffirmed by stock analysts at Canaccord Genuity Group in a research note issued to investors on Thursday,Digital Look reports. They presently have a GBX 217 price target on the stock. Canaccord Genuity Group’s target price would suggest a potential upside of 40.31% from the company’s current price.

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 210 target price on shares of PensionBee Group in a research note on Thursday. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, PensionBee Group has a consensus rating of “Moderate Buy” and an average price target of GBX 199.

PensionBee Group Stock Performance

Shares of LON PBEE opened at GBX 154.66 on Thursday. The company has a debt-to-equity ratio of 0.66, a current ratio of 5.13 and a quick ratio of 7.03. PensionBee Group has a one year low of GBX 131 and a one year high of GBX 175. The business’s 50-day moving average price is GBX 160.17 and its two-hundred day moving average price is GBX 158.73. The company has a market capitalization of £367.95 million, a P/E ratio of -82.27, a price-to-earnings-growth ratio of -0.09 and a beta of 0.37.

PensionBee Group (LON:PBEE) last posted its quarterly earnings results on Thursday, March 12th. The company reported GBX (1.20) earnings per share for the quarter. PensionBee Group had a negative return on equity of 13.61% and a negative net margin of 12.33%. Analysts anticipate that PensionBee Group will post -9.3899999 earnings per share for the current fiscal year.

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.