PensionBee Group (LON:PBEE) Given Buy Rating at Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of PensionBee Group (LON:PBEE) in a research note published on Thursday morning, Marketbeat reports. The brokerage currently has a GBX 217 price target on the stock.

A number of other equities research analysts have also recently issued reports on the company. Berenberg Bank restated a “buy” rating and set a GBX 210 price objective on shares of PensionBee Group in a report on Thursday. Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 170 target price on shares of PensionBee Group in a research note on Monday, November 3rd. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 199.

PensionBee Group Stock Performance

Shares of PBEE stock opened at GBX 166 on Thursday. PensionBee Group has a 52 week low of GBX 131 and a 52 week high of GBX 175. The company has a market capitalization of £394.93 million, a price-to-earnings ratio of -88.30, a PEG ratio of -0.09 and a beta of 0.37. The company has a 50-day simple moving average of GBX 160.99 and a 200 day simple moving average of GBX 160.91. The company has a debt-to-equity ratio of 2.45, a quick ratio of 7.03 and a current ratio of 4.23.

About PensionBee Group

PensionBee is creating a global leader in the consumer retirement market with approximately £7 billion in assets on behalf of c.300,000 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.