PensionBee Group (LON:PBEE) Shares Up 5.7% – What’s Next?

PensionBee Group plc (LON:PBEE) shares were up 5.7% during mid-day trading on Monday . The stock traded as high as GBX 157.50 ($1.97) and last traded at GBX 157.42 ($1.97). Approximately 88,926 shares traded hands during mid-day trading, a decline of 57% from the average daily volume of 206,956 shares. The stock had previously closed at GBX 149 ($1.87).

Wall Street Analysts Forecast Growth

Several research firms recently commented on PBEE. Canaccord Genuity Group restated a “buy” rating and set a GBX 217 ($2.72) price target on shares of PensionBee Group in a research report on Monday, December 2nd. Berenberg Bank restated a “buy” rating and set a GBX 210 ($2.63) target price on shares of PensionBee Group in a research report on Thursday, October 24th. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 217 ($2.72) price target on shares of PensionBee Group in a report on Monday, December 2nd.

PensionBee Group Trading Up 0.3 %

The company has a quick ratio of 7.03, a current ratio of 4.23 and a debt-to-equity ratio of 2.45. The company’s 50-day moving average is GBX 160.21 and its 200-day moving average is GBX 163.64. The stock has a market capitalization of £355.69 million, a price-to-earnings ratio of -7,896.05, a PEG ratio of -0.09 and a beta of 0.37.

PensionBee Group Company Profile

PensionBee is a leading online pension provider, making pension management easy for its customers while they save for a happy retirement. PensionBee helps its customers combine their old pension pots, make flexible contributions, invest in line with their goals and values and make withdrawals from the age of 55 (increasing to 57 in 2028).