The Pebble Group (LON:PEBB) Earns “Buy” Rating from Berenberg Bank

The Pebble Group (LON:PEBB)‘s stock had its “buy” rating restated by equities research analysts at Berenberg Bank in a research note issued on Monday, Marketbeat reports. They currently have a GBX 100 ($1.29) target price on the stock. Berenberg Bank’s price target indicates a potential upside of 153.16% from the stock’s current price.

The Pebble Group Stock Down 1.3 %

PEBB opened at GBX 39.50 ($0.51) on Monday. The firm’s 50 day simple moving average is GBX 44.22 and its two-hundred day simple moving average is GBX 47.37. The company has a market capitalization of £65.04 million, a PE ratio of 11.57 and a beta of 1.14. The Pebble Group has a 1-year low of GBX 38.20 ($0.49) and a 1-year high of GBX 69 ($0.89). The company has a current ratio of 1.94, a quick ratio of 1.16 and a debt-to-equity ratio of 8.25.

The Pebble Group (LON:PEBB) last announced its quarterly earnings data on Tuesday, March 18th. The company reported GBX 4.63 ($0.06) earnings per share (EPS) for the quarter. The Pebble Group had a return on equity of 6.55% and a net margin of 4.74%. As a group, equities analysts forecast that The Pebble Group will post 5.0724638 EPS for the current year.

Insider Transactions at The Pebble Group

In related news, insider Claire Louise Thomson sold 72,336 shares of the stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of GBX 45 ($0.58), for a total transaction of £32,551.20 ($42,142.93). Insiders own 12.02% of the company’s stock.

The Pebble Group Company Profile

The Pebble Group plc (www.thepebblegroup.com) is a provider of digital commerce, products and related services to the global promotional products industry, comprising two differentiated businesses, focused on specific areas of the promotional products market: Facilisgroup (www.facilisgroup.com) and Brand Addition (www.brandaddition.com).

Facilisgroup focuses on supporting the growth of mid-sized promotional product businesses in North America by providing a digital commerce platform, which enables those businesses to benefit from significant business efficiency and gain meaningful supply chain advantage from the ability to purchase from quality suppliers under preferred terms.

Brand Addition focuses upon providing promotional products and related services under contract to some of the world’s most recognisable brands.