PensionBee Group’s (PBEE) “Buy” Rating Reaffirmed at Berenberg Bank

Berenberg Bank restated their buy rating on shares of PensionBee Group (LON:PBEE) in a research report released on Thursday, MarketBeat Ratings reports. The firm currently has a GBX 210 price target on the stock.

A number of other research analysts also recently issued reports on PBEE. Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 170 price objective on shares of PensionBee Group in a research note on Monday, November 3rd. Canaccord Genuity Group restated a “buy” rating and set a GBX 217 price target on shares of PensionBee Group in a report on Thursday, October 23rd. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 199.

PensionBee Group Price Performance

PBEE stock opened at GBX 166 on Thursday. The company has a quick ratio of 7.03, a current ratio of 4.23 and a debt-to-equity ratio of 2.45. The firm has a market cap 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’s fifty day simple moving average is GBX 160.99 and its 200 day simple moving average is GBX 160.91. PensionBee Group has a 12-month low of GBX 131 and a 12-month high of GBX 175.

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.