Berenberg Bank Reaffirms "Buy" Rating for PensionBee Group (LON:PBEE)

Berenberg Bank reissued their buy rating on shares of PensionBee Group (LON:PBEE - Free Report) in a research note issued to investors on Thursday, Marketbeat Ratings reports. Berenberg Bank currently has a GBX 210 ($2.82) target price on the stock.

Separately, Canaccord Genuity Group reiterated a "buy" rating and set a GBX 217 ($2.91) target price on shares of PensionBee Group in a research note on Thursday, March 13th.

PensionBee Group Stock Up 1.9 %

LON:PBEE traded up GBX 2.93 ($0.04) during mid-day trading on Thursday, hitting GBX 156.93 ($2.10). The company had a trading volume of 76,362 shares, compared to its average volume of 149,640. The business has a fifty day simple moving average of GBX 150.10 and a 200-day simple moving average of GBX 156.96. The company has a current ratio of 4.23, a quick ratio of 7.03 and a debt-to-equity ratio of 2.45. PensionBee Group has a 1 year low of GBX 131 ($1.76) and a 1 year high of GBX 191 ($2.56). The firm has a market capitalization of £368.66 million, a price-to-earnings ratio of -67.62, a PEG ratio of -0.09 and a beta of 0.37.

PensionBee Group (LON:PBEE - Get Free Report) last announced its earnings results on Wednesday, March 12th. The company reported GBX (1.38) (($0.02)) earnings per share (EPS) for the quarter. PensionBee Group had a negative return on equity of 36.87% and a negative net margin of 18.26%. Equities analysts forecast that PensionBee Group will post -9.3899999 earnings per share for the current fiscal year.

About PensionBee Group

PensionBee is creating a global leader in the consumer retirement market with £6 billion in assets on behalf of 265,000 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 $10 trillion in savings between them.