Pensionbee Group PLC 9.7% potential upside indicated by Berenberg Bank

Pensionbee Group PLC with ticker (LON:PBEE) now has a potential upside of 9.7% according to Berenberg Bank.

PBEE.L

Berenberg Bank set a target price of 170 GBX for the company, which when compared to the Pensionbee Group PLC share price of 155 GBX at opening today (21/06/2024) indicates a potential upside of 9.7%. Trading has ranged between 60 (52 week low) and 160 (52 week high) with an average of 106,438 shares exchanging hands daily. The market capitalisation at the time of writing is £351,563,478.

Pensionbee Group PLC is an online pension provider. The principal activity of the Company is that of a direct-to-consumer online pension provider. The Company’s technology platform allows 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 the age of 55. Its Customer Proposition combine and transfer their existing pensions into the PensionBee Personal Pension. The Company’s customers can make one-off or regular contributions to their PensionBee pension via easy bank transfer in under 60 seconds and also make use of its retirement calculator, which provides an estimate of retirement income based on a number of assumptions including the size of the pension plan, chosen retirement age and ongoing contributions, to plan ahead for their retirement.