Canaccord Genuity Group Reiterates Buy Rating for PensionBee Group (LON:PBEE)

PensionBee Group (LON:PBEE)‘s stock had its “buy” rating restated by stock analysts at Canaccord Genuity Group in a research note issued on Thursday,Digital Look reports. They currently have a GBX 217 ($2.81) price target on the stock. Canaccord Genuity Group’s price target indicates a potential upside of 47.62% from the stock’s current price.

Other equities analysts have also issued reports about the company. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 217 ($2.81) target price on shares of PensionBee Group in a research report on Monday, December 2nd. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 210 ($2.72) target price on shares of PensionBee Group in a research report on Thursday.

PensionBee Group Stock Performance

Shares of PBEE opened at GBX 147 ($1.90) on Thursday. The business’s 50 day moving average is GBX 159.95 and its two-hundred day moving average is GBX 163.18. PensionBee Group has a 52-week low of GBX 94.63 ($1.22) and a 52-week high of GBX 191 ($2.47). The firm has a market cap of £345.34 million, a price-to-earnings ratio of -63.34, a PEG ratio of -0.09 and a beta of 0.37. The company has a quick ratio of 7.03, a current ratio of 4.23 and a debt-to-equity ratio of 2.45.

PensionBee Group (LON:PBEE) last announced its earnings results on Wednesday, March 12th. The company reported GBX (1.38) (($0.02)) earnings per share (EPS) for the quarter. PensionBee Group had a negative net margin of 18.26% and a negative return on equity of 36.87%. Analysts forecast that PensionBee Group will post -9.3899999 EPS for the current fiscal year.

PensionBee Group Company Profile

PensionBee is a leading online pension provider, making pension management easy for its customers while they save for a happy retirement. PensionBee helps its customers combine their old pension pots, make flexible contributions, invest in line with their goals and values and make withdrawals from the age of 55 (increasing to 57 in 2028).