Royal Bank Of Canada Lowers XPS Pensions Group (LON:XPS) Price Target to GBX 430

XPS Pensions Group (LON:XPS) had its price target cut by research analysts at Royal Bank Of Canada from GBX 465 to GBX 430 in a note issued to investors on Monday,Digital Look reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target suggests a potential upside of 39.84% from the stock’s previous close.

XPS has been the subject of several other reports. Stifel Nicolaus reaffirmed a “buy” rating and set a GBX 460 target price on shares of XPS Pensions Group in a research report on Tuesday, April 21st. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 469 price objective on shares of XPS Pensions Group in a research note on Thursday. Berenberg Bank reissued a “buy” rating and set a GBX 440 price objective on shares of XPS Pensions Group in a report on Friday. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 485 target price on shares of XPS Pensions Group in a research note on Thursday, June 11th. Six equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of GBX 450.67.

XPS Pensions Group Stock Performance

Shares of XPS stock opened at GBX 307.50 on Monday. The company has a debt-to-equity ratio of 44.65, a current ratio of 27.13 and a quick ratio of 1.51. The business’s 50 day simple moving average is GBX 308.13 and its 200 day simple moving average is GBX 318.99. XPS Pensions Group has a one year low of GBX 275 and a one year high of GBX 392. The stock has a market capitalization of £628.73 million, a PE ratio of 25.84 and a beta of 0.60.

XPS Pensions Group (LON:XPS) last announced its quarterly earnings results on Thursday, June 18th. The company reported GBX 13 earnings per share (EPS) for the quarter. The business had revenue of £262.96 million for the quarter. XPS Pensions Group had a return on equity of 15.48% and a net margin of 10.11%.

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 83 with assets over £1bn.