Shore Capital Reaffirms “Buy” Rating for XPS Pensions Group (LON:XPS)

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

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

XPS Pensions Group Stock Performance

XPS opened at GBX 363 ($4.74) on Wednesday. The stock’s 50 day simple moving average is GBX 303.99 and its 200 day simple moving average is GBX 287.23. The stock has a market cap of £750.54 million, a P/E ratio of 1,452.00 and a beta of 0.57. XPS Pensions Group has a 1-year low of GBX 194.65 ($2.54) and a 1-year high of GBX 363 ($4.74). The company has a debt-to-equity ratio of 17.51, a current ratio of 1.27 and a quick ratio of 1.51.

Insider Transactions at XPS Pensions Group

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

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.