Numis Securities Reiterates “Buy” Rating for XPS Pensions Group (LON:XPS)

Numis Securities reiterated their buy rating on shares of XPS Pensions Group (LON:XPS) in a report published on Thursday, MarketBeat reports. They currently have a GBX 275 ($3.48) price target on the stock.

XPS has been the subject of a number of other reports. Canaccord Genuity Group increased their target price on XPS Pensions Group from GBX 280 ($3.54) to GBX 298 ($3.77) and gave the company a buy rating in a research report on Thursday. Shore Capital reiterated a buy rating on shares of XPS Pensions Group in a research report on Thursday.

XPS Pensions Group Trading Up 0.9 %

Shares of XPS stock opened at GBX 261.27 ($3.31) on Thursday. The company has a current ratio of 1.38, a quick ratio of 1.51 and a debt-to-equity ratio of 58.32. The stock has a market capitalization of £538.29 million, a price-to-earnings ratio of 3,728.57 and a beta of 0.54. XPS Pensions Group has a 12-month low of GBX 151.50 ($1.92) and a 12-month high of GBX 268 ($3.39). The stock’s 50-day moving average price is GBX 225.27 and its 200-day moving average price is GBX 219.98.

XPS Pensions Group Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, February 5th. Shareholders of record on Thursday, January 11th were given a dividend of GBX 3 ($0.04) per share. The ex-dividend date of this dividend was Thursday, January 11th. This represents a yield of 1.33%. XPS Pensions Group’s dividend payout ratio is currently 12,857.14%.

About XPS Pensions Group

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.