XPS Pensions Group (LON:XPS) Receives Buy Rating from Canaccord Genuity Group

XPS Pensions Group (LON:XPS)‘s stock had its “buy” rating reissued by research analysts at Canaccord Genuity Group in a research report issued on Thursday,Digital Look reports. They presently have a GBX 469 target price on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 53.27% from the stock’s previous close.

Several other equities research analysts also recently issued reports on the company. Berenberg Bank restated a “buy” rating and set a GBX 440 price objective on shares of XPS Pensions Group in a report on Wednesday, April 22nd. Stifel Nicolaus restated a “buy” rating and set a GBX 460 price objective on shares of XPS Pensions Group in a report on Tuesday, April 21st. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 485 price objective on shares of XPS Pensions Group in a report on Thursday, June 11th. Six research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, XPS Pensions Group has an average rating of “Buy” and a consensus target price of GBX 456.50.

XPS Pensions Group Stock Performance

Shares of LON:XPS opened at GBX 306 on Thursday. The company has a market cap of £625.66 million, a P/E ratio of 25.71 and a beta of 0.34. The company has a debt-to-equity ratio of 53.02, a quick ratio of 1.51 and a current ratio of 1.77. XPS Pensions Group has a one year low of GBX 275 and a one year high of GBX 404. The business’s 50-day simple moving average is GBX 307.65 and its 200 day simple moving average is GBX 319.63.

About XPS Pensions Group

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.