PensionBee Group (LON:PBEE) Shares Down 1.1% – What’s Next?

PensionBee Group plc (LON:PBEE)’s share price traded down 1.1% on Tuesday . The stock traded as low as GBX 136 and last traded at GBX 137.50. Approximately 3,229,792 shares changed hands during mid-day trading, an increase of 1,594% from the average session volume of 190,705 shares. The stock had previously closed at GBX 139.

Analyst Upgrades and Downgrades

Several brokerages recently commented on PBEE. Royal Bank Of Canada restated an “outperform” rating and set a GBX 175 target price on shares of PensionBee Group in a research report on Friday, August 14th. Berenberg Bank reiterated a “buy” rating and issued a GBX 210 target price on shares of PensionBee Group in a report on Thursday, July 23rd. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 217 target price on shares of PensionBee Group in a research report on Friday, August 14th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of GBX 200.67.

PensionBee Group Stock Down 1.1%

The company’s 50 day simple moving average is GBX 133.07 and its 200-day simple moving average is GBX 139.09. The firm has a market capitalization of £321.28 million, a PE ratio of 32.02, a PEG ratio of -0.09 and a beta of 0.44. The company has a debt-to-equity ratio of 0.08, a quick ratio of 7.03 and a current ratio of 7.16.

PensionBee Group (LON:PBEE) last issued its quarterly earnings data on Thursday, August 13th. The company reported GBX 3.45 EPS for the quarter. PensionBee Group had a return on equity of 25.24% and a net margin of 20.77%. On average, analysts forecast that PensionBee Group plc will post -9.3899999 EPS for the current fiscal year.

PensionBee Group Company Profile

PensionBee is creating a global leader in the consumer retirement market with approximately £8.6 billion (approximately $11 billion) in assets on behalf of approximately 327,000 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 $11 trillion in savings between them.