XPS Pensions Group (LON:XPS) Price Target Increased to GBX 298 by Analysts at Canaccord Genuity Group

XPS Pensions Group (LON:XPS - Free Report) had its target price boosted by Canaccord Genuity Group from GBX 280 ($3.54) to GBX 298 ($3.77) in a research report released on Thursday morning, MarketBeat Ratings reports. Canaccord Genuity Group currently has a buy rating on the stock.

Separately, Shore Capital reissued a buy rating on shares of XPS Pensions Group in a research note on Thursday.

XPS Pensions Group Stock Performance

LON XPS traded up GBX 25 ($0.32) during mid-day trading on Thursday, reaching GBX 259 ($3.28). 1,153,533 shares of the stock were exchanged, compared to its average volume of 489,275. XPS Pensions Group has a 1 year low of GBX 151.50 ($1.92) and a 1 year high of GBX 259 ($3.28). The company has a debt-to-equity ratio of 58.32, a quick ratio of 1.51 and a current ratio of 1.38. The business's 50 day moving average is GBX 224.19 and its 200-day moving average is GBX 219.31. The company has a market capitalization of £533.62 million, a P/E ratio of 3,700.00 and a beta of 0.54.

XPS Pensions Group Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, February 5th. Stockholders of record on Thursday, January 11th were given a dividend of GBX 3 ($0.04) per share. The ex-dividend date of this dividend was Thursday, January 11th. This represents a dividend yield of 1.33%. XPS Pensions Group's payout ratio is 12,857.14%.

XPS Pensions Group Company Profile

XPS Pensions Group plc, together with its subsidiaries, provides employee benefit consultancy and related business services in the United Kingdom. The company offers advisory services to pension schemes and corporate sponsors; independent investment advisory services; DB and DC master trust schemes; and self-invested personal pension (SIPP) and SSAS pension services.