XPS Pensions Group plc (LON:XPS) Given Consensus Recommendation of “Buy” by Analysts

XPS Pensions Group plc (LON:XPS) has received a consensus rating of “Buy” from the six research firms that are currently covering the company, Marketbeat Ratings reports. Six research analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokers that have issued a report on the stock in the last year is GBX 451.50.

Several analysts have weighed in on XPS shares. Royal Bank Of Canada raised XPS Pensions Group to an “outperform” rating and lifted their target price for the company from GBX 430 to GBX 435 in a research note on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 485 price target on shares of XPS Pensions Group in a research note on Thursday, June 11th. Canaccord Genuity Group reissued a “buy” rating and set a GBX 469 price target on shares of XPS Pensions Group in a report on Thursday, September 3rd. Finally, Berenberg Bank restated a “buy” rating and set a GBX 440 price objective on shares of XPS Pensions Group in a research note on Monday, August 3rd.

Insider Activity at XPS Pensions Group

In other news, insider Ben Bramhall sold 302,077 shares of the company’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of GBX 340, for a total value of £1,027,061.80. Also, insider Paul Cuff sold 319,195 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of GBX 340, for a total value of £1,085,263. Insiders have sold 1,110,388 shares of company stock worth $373,250,270 over the last ninety days. Insiders own 1.03% of the company’s stock.

XPS Pensions Group Stock Performance

XPS opened at GBX 303.50 on Friday. The company has a current ratio of 1.67, a quick ratio of 1.51 and a debt-to-equity ratio of 44.65. The business’s 50 day moving average is GBX 322.19 and its 200-day moving average is GBX 311.31. The stock has a market cap of £616.20 million, a PE ratio of 24.48 and a beta of 0.34. XPS Pensions Group has a twelve month low of GBX 275 and a twelve month high of GBX 368.50.

XPS Pensions Group (LON:XPS) last issued its quarterly earnings data on Thursday, June 18th. The company reported GBX 13 earnings per share (EPS) for the quarter. XPS Pensions Group had a return on equity of 15.48% and a net margin of 10.11%.The business had revenue of £262.96 million during the quarter.

XPS Pensions Group Company Profile

XPS Group is a leading UK consulting and administration business specialising in the pensions and insurance sectors. A FTSE 250 company, XPS combines expertise and insight with advanced technology and analytics to address the needs of over 1,300 pension schemes and their sponsoring employers on an ongoing and project basis. We undertake pensions administration for over one million members and provide advisory services to schemes and corporate sponsors in respect of schemes of all sizes, including 83 with assets over £1bn.