Canaccord Genuity Group Reiterates “Buy” Rating for XPS Pensions Group (LON:XPS)

XPS Pensions Group (LON:XPS)‘s stock had its “buy” rating reissued by Canaccord Genuity Group in a research note issued on Thursday,Digital Look reports. They presently have a GBX 401 ($5.07) target price on the stock. Canaccord Genuity Group’s target price points to a potential upside of 12.01% from the company’s previous close.

Separately, Shore Capital restated a “hold” rating on shares of XPS Pensions Group in a research report on Thursday.

XPS Pensions Group Stock Performance

XPS Pensions Group stock remained flat at GBX 358 ($4.53) during trading hours on Thursday. 1,197,542 shares of the company’s stock were exchanged, compared to its average volume of 911,664. XPS Pensions Group has a 52 week low of GBX 194.65 ($2.46) and a 52 week high of GBX 377 ($4.77). The company has a market cap of £740.20 million, a price-to-earnings ratio of 1,432.00 and a beta of 0.57. The company has a debt-to-equity ratio of 17.51, a current ratio of 1.27 and a quick ratio of 1.51. The business’s fifty day moving average price is GBX 327.54 and its 200 day moving average price is GBX 304.76.

Insiders Place Their Bets

In related news, insider Snehal Shah sold 66,830 shares of the stock in a transaction that occurred on Wednesday, October 16th. The stock was sold at an average price of GBX 335 ($4.24), for a total transaction of £223,880.50 ($283,285.46). Company insiders own 5.14% of the company’s stock.

XPS Pensions Group Company Profile

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.