XPS Pensions Group plc (LON:XPS) Given Consensus Recommendation of “Buy” by Brokerages

XPS Pensions Group plc (LON:XPS) has been assigned a consensus rating of “Buy” from the six brokerages that are presently covering the company, Marketbeat.com reports. Six investment analysts have rated the stock with a buy rating. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is GBX 456.50.

XPS has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 485 price target on shares of XPS Pensions Group in a research note on Wednesday. Canaccord Genuity Group restated a “buy” rating and set a GBX 469 price target on shares of XPS Pensions Group in a report on Tuesday. Berenberg Bank restated a “buy” rating and set a GBX 440 price target on shares of XPS Pensions Group in a report on Wednesday. Finally, Stifel Nicolaus restated a “buy” rating and set a GBX 460 price target on shares of XPS Pensions Group in a report on Tuesday.

XPS Pensions Group Price Performance

Shares of XPS Pensions Group stock traded down GBX 8 during trading hours on Wednesday, reaching GBX 316. The stock had a trading volume of 386,513 shares, compared to its average volume of 2,117,802. The firm has a market capitalization of £646.11 million, a PE ratio of 26.55 and a beta of 0.34. XPS Pensions Group has a twelve month low of GBX 275 and a twelve month high of GBX 426. The stock’s 50 day moving average is GBX 304.57 and its 200 day moving average is GBX 329.53. The company has a current ratio of 1.77, a quick ratio of 1.51 and a debt-to-equity ratio of 53.02.

Key XPS Pensions Group News

Here are the key news stories impacting XPS Pensions Group this week:

• Positive Sentiment: Several brokers have reaffirmed “buy” ratings with above-current price targets, signaling analyst confidence in growth prospects — Deutsche Bank GBX 485, Berenberg GBX 440, Canaccord GBX 469 and Stifel GBX 460. Read More.
• Positive Sentiment: The company reported continued strong trading with broad-based growth, reinforcing momentum in its core pension consulting and administration businesses. Read More.
• Positive Sentiment: XPS said it delivered “another year of record results,” a direct fundamental catalyst supporting longer-term earnings growth expectations. Read More.
• Positive Sentiment: Independent coverage highlights a 13% year-over-year revenue increase, underlining top-line expansion that supports the bullish broker views. Read More.

About XPS Pensions Group

XPS Group is a leading UK consulting and administration business specialising in the pensions and insurance sectors. A FTSE 250 company, XPS combines expertise and insight with advanced technology and analytics to address the needs of over 1,300 pension schemes and their sponsoring employers on an ongoing and project basis. We undertake pensions administration for over one million members and provide advisory services to schemes and corporate sponsors in respect of schemes of all sizes, including 83 with assets over £1bn.