PensionBee Group (LON:PBEE) Earns “Buy” Rating from Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of PensionBee Group (LON:PBEE) in a research report report published on Wednesday, MarketBeat.com reports. The brokerage currently has a GBX 170 ($2.16) price objective on the stock.

PensionBee Group Price Performance

PensionBee Group stock opened at GBX 158 ($2.01) on Wednesday. The business’s fifty day moving average is GBX 142.52 and its two-hundred day moving average is GBX 110.83. The company has a debt-to-equity ratio of 2.63, a quick ratio of 7.03 and a current ratio of 8.54. The firm has a market cap of £354.08 million, a P/E ratio of -3,160.00, a P/E/G ratio of -0.09 and a beta of 0.41. PensionBee Group has a 52 week low of GBX 59.80 ($0.76) and a 52 week high of GBX 159.50 ($2.03).

Insider Activity

In other news, insider Christoph Johannes Martin sold 21,473 shares of PensionBee Group stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of GBX 147 ($1.87), for a total transaction of £31,565.31 ($40,195.22). 49.87% of the stock is currently owned by company insiders.

About PensionBee Group

PensionBee Group plc, a direct-to-consumer financial technology company, provides online pension services in the United Kingdom and the United States. The company's technology platform allows its customers to combine their pensions and invest in a range of online plans, forecast how much they are expected to have saved by the time they retire, and make withdrawals from their pensions.