PensionBee Group (LON:PBEE) Receives “Buy” Rating from Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of PensionBee Group (LON:PBEE) in a research report released on Thursday morning,Digital Look reports. Berenberg Bank currently has a GBX 210 target price on the stock.

Separately, Royal Bank Of Canada upgraded PensionBee Group to a “sector perform” rating and lifted their target price for the stock from GBX 170 to GBX 175 in a report on Tuesday, May 19th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 200.67.

PensionBee Group Stock Down 2.8%

Shares of LON:PBEE opened at GBX 120 on Thursday. The company has a market capitalization of £286.63 million, a price-to-earnings ratio of -100.00, a P/E/G ratio of -0.09 and a beta of 0.43. 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 business’s 50-day moving average is GBX 132.13 and its 200-day moving average is GBX 145.10. PensionBee Group has a 1 year low of GBX 119.50 and a 1 year high of GBX 175.

About PensionBee Group

PensionBee is creating a global leader in the consumer retirement market with approximately £7.5 billion (approximately $10 billion) in assets on behalf of approximately 315,000 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.