XPS Pensions Group (LON:XPS) Given Buy Rating at Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank reiterated its “buy” rating on XPS Pensions Group and set a GBX 485 price target, implying 63.58% upside from the prior close.
• Analyst sentiment is unanimously positive: six analysts rate the stock “Buy,” with a consensus price target of GBX 451.50.
• XPS shares opened at GBX 296.50, while insiders sold more than 1.1 million shares worth approximately £373.3 million over the past 90 days.

XPS Pensions Group (LON:XPS - Get Free Report)'s stock had its "buy" rating reiterated by equities researchers at Deutsche Bank Aktiengesellschaft in a report released on Tuesday, Digital Look reports. They presently have a GBX 485 price target on the stock. Deutsche Bank Aktiengesellschaft's price objective suggests a potential upside of 63.58% from the company's previous close.

Other equities analysts also recently issued reports about the stock. Royal Bank Of Canada upgraded shares of XPS Pensions Group to an "outperform" rating and upped their price target for the company from GBX 430 to GBX 435 in a research note on Wednesday, July 29th. Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 469 price objective on shares of XPS Pensions Group in a research note on Thursday, September 3rd. Finally, Berenberg Bank reissued a "buy" rating and issued a GBX 440 price objective on shares of XPS Pensions Group in a report on Monday, August 3rd. Six equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of GBX 451.50.

XPS Pensions Group Stock Up 0.7%

XPS stock opened at GBX 296.50 on Tuesday. The company has a debt-to-equity ratio of 44.65, a current ratio of 1.67 and a quick ratio of 1.51. The stock has a market capitalization of £601.98 million, a price-to-earnings ratio of 23.91 and a beta of 0.34. The business's fifty day moving average price is GBX 316.11 and its two-hundred day moving average price is GBX 311.11. XPS Pensions Group has a fifty-two week low of GBX 275 and a fifty-two week high of GBX 368.50.

Insiders Place Their Bets

In related news, insider Paul Cuff sold 319,195 shares of XPS Pensions Group stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of GBX 340, for a total transaction of £1,085,263. Also, insider Ben Bramhall sold 302,077 shares of XPS Pensions Group stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of GBX 340, for a total transaction of £1,027,061.80. Insiders sold a total of 1,110,388 shares of company stock worth $373,250,270 in the last ninety days. Insiders own 1.03% of the company's stock.

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.

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