XPS Pensions Group (LON:XPS) Price Target Raised to GBX 298

XPS Pensions Group (LON:XPS) had its price target upped by Canaccord Genuity Group from GBX 280 ($3.54) to GBX 298 ($3.77) in a report issued on Thursday, Marketbeat Ratings reports. Canaccord Genuity Group currently has a buy rating on the stock.

Separately, Shore Capital reiterated a buy rating on shares of XPS Pensions Group in a report on Thursday.

XPS Pensions Group Price Performance

XPS Pensions Group stock opened at GBX 261.27 ($3.31) on Thursday. The company has a debt-to-equity ratio of 58.32, a current ratio of 1.38 and a quick ratio of 1.51. The stock has a market cap of £538.29 million, a price-to-earnings ratio of 3,728.57 and a beta of 0.54. The firm has a 50-day moving average of GBX 225.27 and a two-hundred day moving average of GBX 219.98. XPS Pensions Group has a 1 year low of GBX 151.50 ($1.92) and a 1 year high of GBX 268 ($3.39).

XPS Pensions Group Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, February 5th. Investors of record on Thursday, January 11th were issued a dividend of GBX 3 ($0.04) per share. This represents a yield of 1.33%. The ex-dividend date was Thursday, January 11th. XPS Pensions Group’s dividend payout ratio (DPR) 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.