XPS Pensions Group (LON:XPS) Shares Cross Above 50-Day Moving Average – What’s Next?

XPS Pensions Group plc (LON:XPS)’s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 307.53 and traded as high as GBX 312.45. XPS Pensions Group shares last traded at GBX 309.80, with a volume of 3,132,682 shares traded.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on XPS. Berenberg Bank reaffirmed a “buy” rating and set a GBX 440 target price on shares of XPS Pensions Group in a report on Friday, June 19th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 485 price target on shares of XPS Pensions Group in a research report on Thursday, June 11th. Royal Bank Of Canada lowered their price objective on XPS Pensions Group from GBX 465 to GBX 430 and set an “outperform” rating on the stock in a research note on Monday, June 22nd. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 469 price objective on shares of XPS Pensions Group in a report on Thursday, June 18th. Finally, Stifel Nicolaus reiterated a “buy” rating and set a GBX 460 target price on shares of XPS Pensions Group in a research report on Tuesday, April 21st. Six research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of GBX 450.67.

XPS Pensions Group Trading Up 2.4%

The firm’s fifty day simple moving average is GBX 307.26 and its 200 day simple moving average is GBX 316.96. The stock has a market capitalization of £644.06 million, a P/E ratio of 26.47 and a beta of 0.34. The company has a debt-to-equity ratio of 44.65, a quick ratio of 1.51 and a current ratio of 27.13.

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

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.