XPS Pensions Group (LON:XPS) Earns “Buy” Rating from Berenberg Bank

XPS Pensions Group (LON:XPS)‘s stock had its “buy” rating reiterated by equities researchers at Berenberg Bank in a research report issued to clients and investors on Friday,London Stock Exchange reports. They presently have a GBX 440 price objective on the stock. Berenberg Bank’s target price suggests a potential upside of 38.58% from the company’s previous close.

Several other brokerages have also recently issued reports on XPS. Stifel Nicolaus reiterated a “buy” rating and set a GBX 460 price target on shares of XPS Pensions Group in a research report on Tuesday, April 21st. Canaccord Genuity Group restated a “buy” rating and issued a GBX 469 price objective on shares of XPS Pensions Group in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 485 price objective on shares of XPS Pensions Group in a research report on Thursday, June 11th. Six equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of GBX 456.50.

XPS Pensions Group Price Performance

XPS opened at GBX 317.50 on Friday. The company has a debt-to-equity ratio of 53.02, a quick ratio of 1.51 and a current ratio of 1.77. The stock has a market capitalization of £649.18 million, a PE ratio of 26.68 and a beta of 0.34. The stock’s 50 day moving average price is GBX 307.97 and its 200-day moving average price is GBX 319.27. XPS Pensions Group has a 52-week low of GBX 275 and a 52-week high of GBX 392.

XPS Pensions Group (LON:XPS) last announced its quarterly earnings results on Thursday, June 18th. The company reported GBX 13 EPS for the quarter. The company had revenue of £262.96 million during the quarter. XPS Pensions Group had a return on equity of 14.67% and a net margin of 10.51%.

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.