XPS Pensions Group’s (XPS) “Buy” Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of XPS Pensions Group (LON:XPS) in a research note issued to investors on Wednesday morning,Digital Look reports. Canaccord Genuity Group currently has a GBX 469 target price on the stock.

A number of other brokerages have also recently issued reports on XPS. Berenberg Bank reissued a “buy” rating and set a GBX 440 target price on shares of XPS Pensions Group in a report on Friday, June 19th. Royal Bank Of Canada cut their price target on XPS Pensions Group from GBX 465 to GBX 430 and set an “outperform” rating for the company in a report on Monday, June 22nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 485 price target on shares of XPS Pensions Group in a research report on Thursday, June 11th. Finally, Stifel Nicolaus reiterated a “buy” rating and set a GBX 460 price objective on shares of XPS Pensions Group in a research note on Tuesday, April 21st. Six research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of GBX 450.67.

XPS Pensions Group Stock Performance

LON XPS opened at GBX 332.37 on Wednesday. The company’s 50 day moving average is GBX 310.84 and its 200-day moving average is GBX 315.69. XPS Pensions Group has a 12-month low of GBX 275 and a 12-month high of GBX 392. The company has a quick ratio of 1.51, a current ratio of 1.67 and a debt-to-equity ratio of 44.65. The firm has a market cap of £679.58 million, a P/E ratio of 26.80 and a beta of 0.34.

XPS Pensions Group (LON:XPS) last released its quarterly earnings data on Thursday, June 18th. The company reported GBX 13 EPS for the quarter. The company had revenue of £262.96 million during the quarter. XPS Pensions Group had a net margin of 10.11% and a return on equity of 15.48%.

XPS Pensions Group Company Profile

XPS Group is a leading UK consulting and administration business specialising in the pensions and insurance sectors. A FTSE 250 company, XPS combines expertise and insight with advanced technology and analytics to address the needs of over 1,300 pension schemes and their sponsoring employers on an ongoing and project basis. We undertake pensions administration for over one million members and provide advisory services to schemes and corporate sponsors in respect of schemes of all sizes, including 83 with assets over £1bn.