The Pebble Group (LON:PEBB) Given “Buy” Rating at Canaccord Genuity Group

Canaccord Genuity Group reissued their buy rating on shares of The Pebble Group (LON:PEBB – Get Rating) in a research note released on Tuesday morning, MarketBeat Ratings reports. The brokerage currently has a GBX 137 ($1.70) price objective on the stock.

PEBB has been the subject of a number of other research reports. Shore Capital reaffirmed a buy rating on shares of The Pebble Group in a research report on Tuesday, May 16th. Berenberg Bank restated a buy rating and set a GBX 180 ($2.24) price objective on shares of The Pebble Group in a research report on Tuesday.

The Pebble Group Stock Performance

PEBB stock opened at GBX 102.50 ($1.27) on Tuesday. The company has a current ratio of 1.67, a quick ratio of 1.16 and a debt-to-equity ratio of 10.58. The Pebble Group has a 12-month low of GBX 77.76 ($0.97) and a 12-month high of GBX 120 ($1.49). The stock’s 50 day simple moving average is GBX 109.70 and its 200 day simple moving average is GBX 99.36. The firm has a market cap of £171.64 million, a P/E ratio of 2,050.00 and a beta of 1.44.

The Pebble Group Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 2nd. Investors of record on Thursday, April 27th will be given a GBX 0.60 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, April 27th. This represents a yield of 0.55%. The Pebble Group’s dividend payout ratio is presently 2,000.00%.

The Pebble Group Company Profile

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The Pebble Group plc provides products, services, and technology to the promotional products industry in the United Kingdom, Continental Europe, the United States, and internationally. It operates through two segments, Brand Addition and Facilisgroup. The company is involved in the design, sourcing, and delivery of promotional merchandise and branded products for various brands operating in the engineering, financial services, health and beauty, FMCG, technology, transport, and other sectors.