Royal Bank Of Canada Initiates Coverage on PensionBee Group (LON:PBEE)

Equities research analysts at Royal Bank Of Canada started coverage on shares of PensionBee Group (LON:PBEE) in a research report issued to clients and investors on Wednesday, MarketBeat Ratings reports. The brokerage set a “sector perform” rating and a GBX 170 price target on the stock. Royal Bank Of Canada’s target price points to a potential upside of 5.92% from the stock’s current price.

PensionBee Group Trading Up 0.3%

LON PBEE opened at GBX 160.50 on Wednesday. The company has a quick ratio of 7.03, a current ratio of 4.23 and a debt-to-equity ratio of 2.45. PensionBee Group has a twelve month low of GBX 131 and a twelve month high of GBX 191. The company has a market cap of £380.60 million, a price-to-earnings ratio of -8,537.23, a price-to-earnings-growth ratio of -0.09 and a beta of 0.37. The business’s fifty day moving average is GBX 159.97 and its 200 day moving average is GBX 158.38.

PensionBee Group (LON:PBEE) last released its quarterly earnings data on Thursday, August 14th. The company reported GBX (2.14) earnings per share for the quarter. PensionBee Group had a negative net margin of 18.26% and a negative return on equity of 36.87%. As a group, sell-side analysts expect that PensionBee Group will post -9.3899999 EPS for the current fiscal year.

Insider Buying and Selling at PensionBee Group

In related news, insider Jonathan Lister Parsons sold 89,174 shares of the firm’s stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of GBX 149, for a total transaction of £132,869.26. Also, insider Romi Savova sold 127,972 shares of the firm’s stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of GBX 149, for a total value of £190,678.28. 37.79% of the stock is owned by company insiders.

PensionBee Group Company Profile

PensionBee is creating a global leader in the consumer retirement market with approximately £6.3 billion in assets on behalf of more than 286,000 customers.

Founded in 2014, we aspire to make as many people as possible pension confident so that everyone can enjoy a happy retirement. We help our customers to combine their retirement savings into a new online account, which they can manage from the palm of their hand.

PensionBee accounts are invested by the world’s largest investment managers, collectively looking after more than $10 trillion in savings between them.