XPS Pensions Group (LON:XPS) Receives Buy Rating from Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of XPS Pensions Group (LON:XPS) in a report issued on Wednesday morning, Marketbeat.com reports. The firm currently has a GBX 332 ($4.34) target price on the stock.

XPS Pensions Group Stock Performance

Shares of XPS Pensions Group stock opened at GBX 363 ($4.74) on Wednesday. The stock has a market cap of £750.54 million, a price-to-earnings ratio of 1,452.00 and a beta of 0.57. XPS Pensions Group has a twelve month low of GBX 194.65 ($2.54) and a twelve month high of GBX 363 ($4.74). The company’s fifty day moving average is GBX 303.99 and its 200 day moving average is GBX 287.23. The company has a quick ratio of 1.51, a current ratio of 1.27 and a debt-to-equity ratio of 17.51.

Insiders Place Their Bets

In other XPS Pensions Group news, insider Snehal Shah sold 66,830 shares of the company’s stock in a transaction on 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.