PensionBee Group (LON:PBEE) Receives "Buy" Rating from Berenberg Bank

Key Points

• Berenberg Bank reaffirmed a "Buy" on PensionBee with a GBX 210 target (implying ~35.8% upside), while Canaccord also reissued a buy with GBX 217; the consensus is a Moderate Buy with an average target of GBX 199.
• Shares trade around GBX 155 (50/200‑day moving averages ~GBX 160/159) with a 52‑week range of GBX 131–175 and a market cap of about £368m, placing the stock below analyst targets.
• PensionBee is still unprofitable—negative EPS, P/E of -82.3, net margin -12.33% and ROE -13.61%—but manages roughly £7bn in assets for about 300,000 customers.

PensionBee Group (LON:PBEE - Get Free Report)'s stock had its "buy" rating reaffirmed by stock analysts at Berenberg Bank in a note issued to investors on Thursday,Digital Look reports. They presently have a GBX 210 price objective on the stock. Berenberg Bank's target price would indicate a potential upside of 35.78% from the stock's current price.

Separately, Canaccord Genuity Group reissued a "buy" rating and issued a GBX 217 target price on shares of PensionBee Group in a research note on Thursday, January 22nd. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, PensionBee Group presently has a consensus rating of "Moderate Buy" and an average target price of GBX 199.

PensionBee Group Stock Up 1.1%

Shares of LON PBEE opened at GBX 154.66 on Thursday. The firm's fifty day moving average is GBX 160.17 and its 200 day moving average is GBX 158.73. PensionBee Group has a 52 week low of GBX 131 and a 52 week high of GBX 175. The company has a quick ratio of 7.03, a current ratio of 5.13 and a debt-to-equity ratio of 0.66. The company has a market cap of £367.95 million, a price-to-earnings ratio of -82.27, a PEG ratio of -0.09 and a beta of 0.37.

PensionBee Group (LON:PBEE - Get Free Report) last announced its quarterly earnings results on Thursday, March 12th. The company reported GBX (1.20) earnings per share for the quarter. PensionBee Group had a negative net margin of 12.33% and a negative return on equity of 13.61%. On average, equities research analysts expect that PensionBee Group will post -9.3899999 earnings per share for the current year.

PensionBee Group Company Profile

PensionBee is creating a global leader in the consumer retirement market with approximately £7 billion in assets on behalf of c.300,000 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.

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