XPS Pensions Group PLC -7.5% potential downside indicated by Canaccord Genuity

XPS Pensions Group PLC with ticker (LON:XPS) now has a potential downside of -7.5% according to Canaccord Genuity.

XPS.L

Canaccord Genuity set a target price of 332 GBX for the company, which when compared to the XPS Pensions Group PLC share price of 359 GBX at opening today (04/11/2024) indicates a potential downside of -7.5%. Trading has ranged between 195 (52 week low) and 374 (52 week high) with an average of 1,358,187 shares exchanging hands daily. The market capitalisation at the time of writing is £752,418,620.

XPS Pensions Group plc is a United Kingdom-based pensions consulting and administration company, focused on the United Kingdom pension schemes. The Company’s product lines include Pensions Actuarial and Consulting, Pensions Administration, Pensions Investment Consulting, and National Pension Trust (NPT). It works in partnership with defined benefit (DB) and defined contribution (DC) pension schemes, delivering independent advice and solutions. Its Pensions Administration services include scheme administration; first-time outsourcing and member communication; scam identification and protection; payroll services; pension scheme accounting; de-risking projects; technical consultancy; GMP equalization; data audits and cleansing; trustee secretarial services, and pension management services. The Company’s service is focused on helping schemes and members achieve their objectives and manage risk, thereby receiving the outcomes and security in retirement.