PensionBee Group (LON:PBEE) Upgraded by Royal Bank Of Canada to Sector perform Rating

PensionBee Group (LON:PBEE) was upgraded by stock analysts at Royal Bank Of Canada to a “sector perform” rating in a research note issued on Tuesday,Digital Look reports. The firm presently has a GBX 175 price objective on the stock, up from their prior price objective of GBX 170. Royal Bank Of Canada’s price objective would indicate a potential upside of 21.95% from the company’s previous close.

PBEE has been the subject of a number of other reports. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 217 price target on shares of PensionBee Group in a report on Thursday, March 12th. Berenberg Bank reiterated a “buy” rating and set a GBX 210 price target on shares of PensionBee Group in a report on Thursday, April 23rd. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, PensionBee Group presently has an average rating of “Moderate Buy” and an average price target of GBX 200.67.

PensionBee Group Stock Up 2.5%

Shares of PBEE stock opened at GBX 143.50 on Tuesday. PensionBee Group has a 12 month low of GBX 131 and a 12 month high of GBX 175. The firm has a market cap of £341.88 million, a PE ratio of -119.58, a price-to-earnings-growth ratio of -0.09 and a beta of 0.43. The stock has a 50 day moving average of GBX 144.59 and a 200-day moving average of GBX 154.52. The company has a quick ratio of 7.03, a current ratio of 9.34 and a debt-to-equity ratio of 0.35.

PensionBee Group (LON:PBEE) last issued its quarterly earnings results on Thursday, March 12th. The company reported GBX (1.20) EPS for the quarter. PensionBee Group had a negative return on equity of 8.36% and a negative net margin of 6.69%. On average, equities analysts predict that PensionBee Group will post -9.3899999 EPS for the current year.

About PensionBee Group

PensionBee is creating a global leader in the consumer retirement market with approximately £7 billion in assets on behalf of c.300,000 customers.

Founded in 2014, we aspire to make as many people as possible pension confident so that everyone can enjoy a happy retirement. We help our customers to combine their retirement savings into a new online account, which they can manage from the palm of their hand.

PensionBee accounts are invested by the world’s largest investment managers, collectively looking after more than $10 trillion in savings between them.