Martin Sutherland Purchases 11,658 Shares of XPS Pensions Group (LON:XPS) Stock

Key Points

• Martin Sutherland, an insider at XPS Pensions Group, purchased 11,658 shares at an average price of GBX 335 per share, totaling roughly £39,054.30.
• XPS Pensions Group shares opened at GBX 346 and have a 1 year low of GBX 282 and a high of GBX 426, indicating recent upward trading of approximately 2.4%.
• Analysts maintain a generally positive outlook with a consensus target price of GBX 435.20 and several firms issuing buy ratings.

XPS Pensions Group plc (LON:XPS - Get Free Report) insider Martin Sutherland acquired 11,658 shares of the stock in a transaction on Wednesday, October 1st. The shares were bought at an average price of GBX 335 per share, for a total transaction of £39,054.30.

XPS Pensions Group Trading Up 2.4%

Shares of XPS Pensions Group stock opened at GBX 346 on Thursday. XPS Pensions Group plc has a 1 year low of GBX 282 and a 1 year high of GBX 426. The firm's 50 day moving average is GBX 354.81 and its 200 day moving average is GBX 371.92. The company has a current ratio of 1.27, a quick ratio of 1.51 and a debt-to-equity ratio of 17.52. The firm has a market capitalization of £701.34 million, a PE ratio of 2,507.25 and a beta of 0.57.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Royal Bank Of Canada reaffirmed an "outperform" rating and set a GBX 465 target price on shares of XPS Pensions Group in a research report on Wednesday, July 2nd. Berenberg Bank began coverage on XPS Pensions Group in a research report on Tuesday, September 9th. They issued a "buy" rating and a GBX 440 price target for the company. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of GBX 435.20.

About XPS Pensions Group

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.

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