PensionBee Group (LON:PBEE) Earns “Buy” Rating from Canaccord Genuity Group

PensionBee Group (LON:PBEE)‘s stock had its “buy” rating reaffirmed by Canaccord Genuity Group in a research note issued on Thursday,London Stock Exchange reports. They currently have a GBX 217 ($2.67) target price on the stock. Canaccord Genuity Group’s price target indicates a potential upside of 38.22% from the company’s previous close.

A number of other brokerages also recently commented on PBEE. Berenberg Bank reissued a “buy” rating and issued a GBX 210 ($2.59) target price on shares of PensionBee Group in a research note on Thursday, October 24th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 217 ($2.67) price target on shares of PensionBee Group in a report on Monday, December 2nd.

PensionBee Group Stock Performance

LON PBEE opened at GBX 157 ($1.93) on Thursday. The business’s 50-day simple moving average is GBX 156.50 and its 200-day simple moving average is GBX 164.22. The firm has a market capitalization of £353.61 million, a P/E ratio of -7,850.00, a P/E/G ratio of -0.09 and a beta of 0.37. PensionBee Group has a 1-year low of GBX 84.19 ($1.04) and a 1-year high of GBX 191 ($2.35). The company has a debt-to-equity ratio of 2.45, a current ratio of 4.23 and a quick ratio of 7.03.

About PensionBee Group

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).