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

PensionBee Group (LON:PBEE)‘s stock had its “buy” rating reissued by stock analysts at Berenberg Bank in a research report issued to clients and investors on Thursday, LSE.Co.UK reports. They presently have a GBX 210 ($2.73) price objective on the stock. Berenberg Bank’s price target would suggest a potential upside of 20.34% from the company’s previous close.

PensionBee Group Stock Down 5.7 %

Shares of PensionBee Group stock traded down GBX 10.50 ($0.14) during trading on Thursday, hitting GBX 174.50 ($2.27). 11,988,007 shares of the stock traded hands, compared to its average volume of 239,596. PensionBee Group has a 52-week low of GBX 59.80 ($0.78) and a 52-week high of GBX 191 ($2.48). The stock’s fifty day simple moving average is GBX 174 and its 200 day simple moving average is GBX 158.99. The firm has a market cap of £393.03 million, a P/E ratio of -8,593.00, a price-to-earnings-growth ratio of -0.09 and a beta of 0.37. The company has a current ratio of 4.23, a quick ratio of 7.03 and a debt-to-equity ratio of 2.45.

About PensionBee Group

PensionBee Group plc, a direct-to-consumer financial technology company, provides online pension services in the United Kingdom and the United States. The company’s technology platform allows its customers to combine their pensions and invest in a range of online plans, forecast how much they are expected to have saved by the time they retire, and make withdrawals from their pensions.