XPS Pensions Group (LON:XPS) Earns Buy Rating from Shore Capital

Shore Capital reissued their buy rating on shares of XPS Pensions Group (LON:XPS) in a research report sent to investors on Wednesday, Marketbeat reports.

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 332 ($4.34) price objective on shares of XPS Pensions Group in a report on Wednesday.

XPS Pensions Group Stock Up 1.1 %

Shares of XPS opened at GBX 363 ($4.74) on Wednesday. The business’s fifty day moving average price is GBX 303.99 and its two-hundred day moving average price is GBX 287.23. The firm has a market capitalization of £750.54 million, a price-to-earnings ratio of 1,452.00 and a beta of 0.57. XPS Pensions Group has a 52 week low of GBX 194.65 ($2.54) and a 52 week high of GBX 363 ($4.74). The company has a debt-to-equity ratio of 17.51, a quick ratio of 1.51 and a current ratio of 1.27.

Insiders Place Their Bets

In other XPS Pensions Group news, insider Snehal Shah sold 66,830 shares of the stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of GBX 335 ($4.37), for a total transaction of £223,880.50 ($292,348.52). Company insiders own 5.14% of the company’s stock.

About XPS Pensions Group

XPS Pensions Group plc, together with its subsidiaries, provides employee benefit consultancy and related business services in the United Kingdom. It offers pension advisory; independent consultancy; DB master trust schemes; and self-invested personal pension (SIPP) and SSAS pension services. The company also provides pension administer services, such as payroll, scheme administration, outsourcing, payroll, scheme accounting, and scam identification and protection services, as well as member communication, de-risking projects, GMP equalization, data audits and cleansing, and trustee secretarial services.