Berenberg Bank Reaffirms “Buy” Rating for PensionBee Group (LON:PBEE)

PensionBee Group (LON:PBEE)‘s stock had its “buy” rating reiterated by Berenberg Bank in a research report issued on Thursday,Digital Look reports. They presently have a GBX 210 target price on the stock. Berenberg Bank’s target price would indicate a potential upside of 44.83% from the company’s previous close.

A number of other analysts also recently issued reports on PBEE. Canaccord Genuity Group reissued a “buy” rating and set a GBX 217 target price on shares of PensionBee Group in a research report on Thursday, March 12th. Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 170 target price on shares of PensionBee Group in a research report on Thursday. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of GBX 199.

PensionBee Group Trading Down 2.0%

LON PBEE opened at GBX 145 on Thursday. PensionBee Group has a 12 month low of GBX 131 and a 12 month high of GBX 175. The company has a 50-day moving average of GBX 147.89 and a 200-day moving average of GBX 155.92. The company has a debt-to-equity ratio of 0.35, a current ratio of 9.34 and a quick ratio of 7.03. The company has a market cap of £345.04 million, a P/E ratio of -77.13, a P/E/G ratio of -0.09 and a beta of 0.43.

PensionBee Group (LON:PBEE) last posted its earnings results on Thursday, March 12th. The company reported GBX (1.20) earnings per share (EPS) for the quarter. PensionBee Group had a negative return on equity of 8.36% and a negative net margin of 6.69%. As a group, equities analysts predict that PensionBee Group will post -9.3899999 earnings per share for the current year.

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.