XPS Pensions Group (LON:XPS) Earns Buy Rating from Berenberg Bank

XPS Pensions Group (LON:XPS)‘s stock had its “buy” rating reissued by stock analysts at Berenberg Bank in a research note issued on Friday, Digital Look reports. They presently have a GBX 440 price target on the stock. Berenberg Bank’s price objective suggests a potential upside of 28.09% from the stock’s previous close.

Other research analysts have also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 485 target price on shares of XPS Pensions Group in a report on Tuesday, October 6th. Royal Bank Of Canada raised XPS Pensions Group to an “outperform” rating and lifted their price objective for the company from GBX 430 to GBX 435 in a report on Wednesday, July 29th. Finally, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 469 target price on shares of XPS Pensions Group in a research report on Thursday. Six investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat, XPS Pensions Group currently has an average rating of “Buy” and a consensus price target of GBX 451.50.

XPS Pensions Group Stock Up 2.8%

Shares of XPS Pensions Group stock traded up GBX 9.50 on Friday, hitting GBX 343.50. The company had a trading volume of 1,120,793 shares, compared to its average volume of 2,026,789. The firm has a market capitalization of £697.41 million, a P/E ratio of 27.70 and a beta of 0.35. The company has a debt-to-equity ratio of 44.65, a current ratio of 1.67 and a quick ratio of 1.51. XPS Pensions Group has a twelve month low of GBX 275 and a twelve month high of GBX 368.50. The stock has a 50-day moving average of GBX 312.08 and a 200-day moving average of GBX 312.16.

Insider Activity at XPS Pensions Group

In other news, insider Snehal Shah sold 113,801 shares of the firm’s stock in a transaction dated Wednesday, July 22nd. The stock was sold at an average price of GBX 330, for a total value of £375,543.30. Also, insider Michelle Cracknell acquired 5,979 shares of the stock in a transaction on Monday, July 20th. The shares were acquired at an average price of GBX 333 per share, for a total transaction of £19,910.07. Insiders sold 1,110,388 shares of company stock worth $373,250,270 over the last quarter. Company insiders own 1.03% of the company’s stock.

More XPS Pensions Group News

Here are the key news stories impacting XPS Pensions Group this week:

• Positive Sentiment: Full-year outlook raised: XPS said revenue increased 12% in the first half and that its full-year results are expected to be slightly ahead of previous expectations. The update points to continued demand for its pensions advisory and administration services. XPS raises full-year expectations as revenue grows 12%
• Positive Sentiment: Double-digit first-half revenue growth: Separate coverage of the half-year update highlighted 12% revenue growth, reinforcing the view that XPS is gaining momentum and remains on track for a strong FY26 performance. XPS Pensions Group posts double-digit revenue growth in half year update
• Positive Sentiment: Analyst support: Berenberg reaffirmed its “buy” rating and set a GBX 440 price target. Canaccord Genuity also maintained its “buy” recommendation, with a GBX 469 target, both implying further potential upside based on the reported targets. Berenberg reaffirms buy rating
• Neutral Sentiment: Industry backdrop: Coverage of the UK pensions market noted that the new prime minister is turning attention to pensions. Potential policy changes could create opportunities for advisers such as XPS, although the financial impact remains uncertain. Quarterly Pensions Watch

About XPS Pensions Group

XPS Group is a leading UK consulting and administration business specialising in the pensions and insurance sectors. A FTSE 250 company, XPS combines expertise and insight with advanced technology and analytics to address the needs of over 1,300 pension schemes and their sponsoring employers on an ongoing and project basis. We undertake pensions administration for over one million members and provide advisory services to schemes and corporate sponsors in respect of schemes of all sizes, including 83 with assets over £1bn.