PensionBee Group (LON:PBEE) Earns Buy Rating from Canaccord Genuity Group

Key Points

• Canaccord Genuity Group reiterated its “Buy” rating on PensionBee Group and set a GBX 217 price target, implying approximately 76% upside from the reported current price.
• Analyst sentiment remains positive: three analysts rate the stock Buy, with a consensus price target of GBX 200.67; Berenberg and RBC also maintain favorable ratings.
• PensionBee shares opened at GBX 123.27, giving the company a market capitalization of about £294.55 million. The company recently reported quarterly earnings of GBX 3.45 per share, a 25.24% return on equity, and a 20.77% net margin.

PensionBee Group (LON:PBEE - Get Free Report)'s stock had its "buy" rating reiterated by Canaccord Genuity Group in a research report issued to clients and investors on Thursday, Digital Look reports. They currently have a GBX 217 target price on the stock. Canaccord Genuity Group's price target suggests a potential upside of 76.04% from the stock's current price.

Other analysts have also issued reports about the company. Berenberg Bank reiterated a "buy" rating and issued a GBX 210 price objective on shares of PensionBee Group in a research report on Thursday, July 23rd. Royal Bank Of Canada reissued an "outperform" rating and set a GBX 175 price objective on shares of PensionBee Group in a report on Friday, August 14th. Three equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of GBX 200.67.

PensionBee Group Stock Up 2.7%

Shares of PBEE opened at GBX 123.27 on Thursday. The firm has a market capitalization of £294.55 million, a price-to-earnings ratio of 29.35, 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. The business's fifty day moving average price is GBX 133.14 and its two-hundred day moving average price is GBX 135.34. PensionBee Group has a 52 week low of GBX 117 and a 52 week high of GBX 170.50.

PensionBee Group (LON:PBEE - Get Free Report) last released its earnings results on Thursday, August 13th. The company reported GBX 3.45 earnings per share for the quarter. PensionBee Group had a return on equity of 25.24% and a net margin of 20.77%. On average, analysts predict that PensionBee Group will post -9.39 earnings per share for the current 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.

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