The Pebble Group (LON:PEBB) Receives Buy Rating from Berenberg Bank

The Pebble Group (LON:PEBB)‘s stock had its “buy” rating reissued by investment analysts at Berenberg Bank in a research report issued on Thursday, LSE.Co.UK reports. They presently have a GBX 150 ($1.94) price target on the stock. Berenberg Bank’s price objective suggests a potential upside of 167.86% from the company’s previous close.

Separately, Shore Capital reaffirmed a “buy” rating on shares of The Pebble Group in a report on Thursday.

The Pebble Group Price Performance

The Pebble Group stock traded up GBX 1 ($0.01) during midday trading on Thursday, reaching GBX 56 ($0.72). The company’s stock had a trading volume of 15,951 shares, compared to its average volume of 517,060. The stock’s 50 day simple moving average is GBX 58.76 and its 200 day simple moving average is GBX 60.11. The firm has a market capitalization of £93.32 million, a PE ratio of 1,866.67 and a beta of 1.13. The company has a debt-to-equity ratio of 8.62, a quick ratio of 1.16 and a current ratio of 1.88. The Pebble Group has a fifty-two week low of GBX 48.60 ($0.63) and a fifty-two week high of GBX 100 ($1.29).

The Pebble Group Company Profile

The Pebble Group plc sells digital commerce, products, and related services to the promotional merchandise industry in the United Kingdom, Continental Europe, the United States, and internationally. It operates through two segments, Brand Addition and Facilisgroup. The company is involved in the design, sourcing, and delivery of promotional products and related services to various brands operating in the engineering, financial services, health, beauty, FMCG, technology, transport, and other sectors.