XPS Pensions Group (LON:XPS) Reaches New 12-Month High at $295.00

XPS Pensions Group plc (LON:XPS) hit a new 52-week high on Monday . The company traded as high as GBX 295 ($3.75) and last traded at GBX 291 ($3.70), with a volume of 22755 shares traded. The stock had previously closed at GBX 290 ($3.68).

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on XPS. Canaccord Genuity Group boosted their price target on XPS Pensions Group from GBX 280 ($3.56) to GBX 298 ($3.79) and gave the stock a “buy” rating in a research report on Thursday, April 11th. Shore Capital reaffirmed a “buy” rating on shares of XPS Pensions Group in a research report on Thursday, April 11th. Royal Bank of Canada upped their target price on XPS Pensions Group from GBX 270 ($3.43) to GBX 315 ($4.00) and gave the company an “outperform” rating in a research report on Tuesday, June 11th. Finally, Numis Securities reaffirmed a “buy” rating and issued a GBX 275 ($3.49) target price on shares of XPS Pensions Group in a research report on Thursday, April 11th.

XPS Pensions Group Trading Up 0.3 %

The company has a quick ratio of 1.51, a current ratio of 1.38 and a debt-to-equity ratio of 58.32. The firm has a market capitalization of £599.14 million, a P/E ratio of 4,142.86 and a beta of 0.49. The firm has a 50 day moving average of GBX 260.48 and a 200-day moving average of GBX 236.54.

XPS Pensions Group Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, September 23rd. Investors of record on Thursday, August 22nd will be paid a GBX 7 ($0.09) dividend. This is a boost from XPS Pensions Group’s previous dividend of $3.00. This represents a dividend yield of 2.59%. The ex-dividend date is Thursday, August 22nd. XPS Pensions Group’s payout ratio is 12,857.14%.

XPS Pensions Group Company Profile

XPS Pensions Group plc, together with its subsidiaries, provides employee benefit consultancy and related business services in the United Kingdom. The company offers advisory services to pension schemes and corporate sponsors; independent investment advisory services; DB and DC master trust schemes; and self-invested personal pension (SIPP) and SSAS pension services.