XPS Pensions Group (LON:XPS) Coverage Initiated at Berenberg Bank

Equities researchers at Berenberg Bank initiated coverage on shares of XPS Pensions Group (LON:XPS) in a research note issued on Tuesday, MarketBeat.com reports. The firm set a “buy” rating and a GBX 440 price target on the stock. Berenberg Bank’s price target would suggest a potential upside of 24.29% from the company’s previous close.

Separately, Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 465 price objective on shares of XPS Pensions Group in a research note on Wednesday, July 2nd. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 435.20.

XPS Pensions Group Stock Up 1.0%

Shares of XPS stock opened at GBX 354 on Tuesday. XPS Pensions Group has a 12 month low of GBX 282 and a 12 month high of GBX 426. The stock has a market cap of £717.55 million, a P/E ratio of 2,565.22 and a beta of 0.57. The company has a current ratio of 1.27, a quick ratio of 1.51 and a debt-to-equity ratio of 17.52. The company has a 50 day simple moving average of GBX 366.34 and a two-hundred day simple moving average of GBX 375.80.

XPS Pensions Group (LON:XPS) last announced its earnings results on Thursday, June 19th. The company reported GBX 21.90 EPS for the quarter. XPS Pensions Group had a net margin of 128.13% and a return on equity of 156.24%.

Insider Transactions at XPS Pensions Group

In other news, insider Snehal Shah sold 127,488 shares of the stock in a transaction on Thursday, July 10th. The shares were sold at an average price of GBX 380, for a total value of £484,454.40. Also, insider Paul Cuff sold 80,701 shares of the stock in a transaction on Monday, July 21st. The stock was sold at an average price of GBX 378, for a total transaction of £305,049.78. Insiders sold a total of 733,394 shares of company stock valued at $278,202,376 over the last three months. Corporate insiders own 1.14% of the company’s stock.

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.