XPS Pensions Group (LON:XPS) Receives Buy Rating from Canaccord Genuity Group

XPS Pensions Group (LON:XPS)‘s stock had its “buy” rating reaffirmed by equities research analysts at Canaccord Genuity Group in a research note issued on Thursday,Digital Look reports. They presently have a GBX 469 price objective on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 53.27% from the company’s current price.

Several other brokerages have also commented on XPS. Stifel Nicolaus reiterated a “buy” rating and issued a GBX 460 target price on shares of XPS Pensions Group in a research report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 485 target price on shares of XPS Pensions Group in a research report on Thursday, June 11th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 440 target price on shares of XPS Pensions Group in a research report on Wednesday, April 22nd. Six analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of GBX 456.50.

XPS Pensions Group Price Performance

Shares of XPS opened at GBX 306 on Thursday. The firm has a market cap of £625.66 million, a price-to-earnings ratio of 25.71 and a beta of 0.34. The stock has a 50 day moving average of GBX 307.65 and a 200-day moving average of GBX 319.63. The company has a current ratio of 1.77, a quick ratio of 1.51 and a debt-to-equity ratio of 53.02. XPS Pensions Group has a 52 week low of GBX 275 and a 52 week high of GBX 404.

XPS Pensions Group Company Profile

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. We undertake pensions administration for over one million members and provide advisory services to schemes and corporate sponsors in respect of schemes of all sizes, including 83 with assets over £1bn.