XPS Pensions Group’s (XPS) Buy Rating Reiterated at Shore Capital

XPS Pensions Group (LON:XPS)‘s stock had its “buy” rating reissued by analysts at Shore Capital in a report issued on Thursday,London Stock Exchange reports. They currently have a GBX 420 price objective on the stock. Shore Capital’s price target suggests a potential upside of 32.70% from the company’s previous close.

A number of other research analysts have also recently commented on the company. Berenberg Bank started coverage on XPS Pensions Group in a research report on Tuesday, September 9th. They set a “buy” rating and a GBX 440 price target on the stock. Canaccord Genuity Group upped their target price on shares of XPS Pensions Group from GBX 459 to GBX 469 and gave the stock a “buy” rating in a report on Thursday. Six investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, XPS Pensions Group has an average rating of “Buy” and a consensus target price of GBX 438.33.

XPS Pensions Group Stock Down 5.9%

Shares of LON:XPS traded down GBX 20 during mid-day trading on Thursday, hitting GBX 316.50. 2,709,626 shares of the company traded hands, compared to its average volume of 1,060,815. XPS Pensions Group has a 12-month low of GBX 310 and a 12-month high of GBX 426. The stock has a 50-day moving average price of GBX 341.67 and a two-hundred day moving average price of GBX 365.03. 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 stock has a market cap of £641.54 million, a P/E ratio of 22.93 and a beta of 0.57.

XPS Pensions Group (LON:XPS) last released its earnings results on Thursday, November 20th. The company reported GBX 10.20 EPS for the quarter. XPS Pensions Group had a return on equity of 156.24% and a net margin of 128.13%.

Insider Buying and Selling

In related news, insider Martin Sutherland purchased 11,658 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The shares were purchased at an average price of GBX 335 per share, with a total value of £39,054.30. 1.15% of the stock is currently owned by corporate insiders.

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.