PensionBee Group’s (PBEE) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of PensionBee Group (LON:PBEE) in a research note released on Thursday morning, MarketBeat reports. The brokerage currently has a GBX 210 ($2.80) price target on the stock.

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 217 ($2.89) price target on shares of PensionBee Group in a research note on Thursday, March 13th.

PensionBee Group Stock Performance

PBEE stock opened at GBX 152 ($2.02) on Thursday. The company has a 50-day simple moving average of GBX 150.41 and a 200 day simple moving average of GBX 157.56. The company has a market capitalization of £357.08 million, a P/E ratio of -65.49, a PEG ratio of -0.09 and a beta of 0.37. The company has a quick ratio of 7.03, a current ratio of 4.23 and a debt-to-equity ratio of 2.45. PensionBee Group has a fifty-two week low of GBX 131 ($1.74) and a fifty-two week high of GBX 191 ($2.54).

PensionBee Group (LON:PBEE) last released its quarterly earnings results on Wednesday, March 12th. The company reported GBX (1.38) (($0.02)) EPS for the quarter. PensionBee Group had a negative return on equity of 36.87% and a negative net margin of 18.26%. Sell-side analysts predict that PensionBee Group will post -9.3899999 earnings per share for the current fiscal year.

PensionBee Group Company Profile

PensionBee is creating a global leader in the consumer retirement market with £6 billion in assets on behalf of 265,000 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 $10 trillion in savings between them.