Royal Bank Of Canada Reaffirms “Sector perform” Rating for PensionBee Group (LON:PBEE)

PensionBee Group (LON:PBEE)‘s stock had its “sector perform” rating reaffirmed by Royal Bank Of Canada in a research report issued on Thursday,Digital Look reports. They currently have a GBX 170 price target on the stock. Royal Bank Of Canada’s price target points to a potential upside of 17.24% from the company’s current price.

A number of other brokerages also recently issued reports on PBEE. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 217 price target on shares of PensionBee Group in a research note on Thursday, March 12th. Berenberg Bank reiterated a “buy” rating and issued a GBX 210 price target on shares of PensionBee Group in a research note on Thursday, March 12th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 199.

PensionBee Group Trading Down 2.0%

LON PBEE opened at GBX 145 on Thursday. The firm has a 50 day simple moving average of GBX 147.89 and a 200-day simple moving average of GBX 155.92. The company has a debt-to-equity ratio of 0.35, a quick ratio of 7.03 and a current ratio of 9.34. PensionBee Group has a one year low of GBX 131 and a one year high of GBX 175. The firm has a market cap of £345.04 million, a price-to-earnings ratio of -77.13, a PEG ratio of -0.09 and a beta of 0.43.

PensionBee Group (LON:PBEE) last posted its quarterly earnings data on Thursday, March 12th. The company reported GBX (1.20) EPS for the quarter. PensionBee Group had a negative net margin of 6.69% and a negative return on equity of 8.36%. Equities research analysts anticipate that PensionBee Group will post -9.3899999 EPS for the current fiscal 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.