PensionBee Group (LON:PBEE) Stock Price Up 11.1% – Should You Buy?

PensionBee Group plc (LON:PBEE)’s share price shot up 11.1% during trading on Thursday . The company traded as high as GBX 150 and last traded at GBX 150. Approximately 178,602 shares changed hands during trading, an increase of 12% from the average session volume of 159,583 shares. The stock had previously closed at GBX 135.

Analyst Ratings Changes

A number of research firms have issued reports on PBEE. Canaccord Genuity Group restated a “buy” rating and set a GBX 217 price target on shares of PensionBee Group in a research note on Thursday, July 23rd. Berenberg Bank reiterated a “buy” rating and issued a GBX 210 price target on shares of PensionBee Group in a research report on Thursday, July 23rd. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a GBX 175 price objective on shares of PensionBee Group in a research note on Tuesday, July 28th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, PensionBee Group currently has a consensus rating of “Buy” and a consensus target price of GBX 200.67.

PensionBee Group Price Performance

The company has a debt-to-equity ratio of 0.35, a quick ratio of 7.03 and a current ratio of 9.34. The firm’s fifty day moving average is GBX 130.22 and its two-hundred day moving average is GBX 142.84. The company has a market cap of £358.29 million, a P/E ratio of -125.00, a P/E/G ratio of -0.09 and a beta of 0.43.

About PensionBee Group

PensionBee is creating a global leader in the consumer retirement market with approximately £8.6 billion (approximately $11 billion) in assets on behalf of approximately 327,000 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 $11 trillion in savings between them.