Berenberg Bank Reaffirms Buy Rating for The Pebble Group (LON:PEBB)

The Pebble Group (LON:PEBB)‘s stock had its “buy” rating restated by equities researchers at Berenberg Bank in a report released on Monday,Digital Look reports. They currently have a GBX 100 ($1.29) price target on the stock. Berenberg Bank’s price target would suggest a potential upside of 153.16% from the company’s current price.

The Pebble Group Trading Down 1.3 %

Shares of PEBB traded down GBX 0.50 ($0.01) during mid-day trading on Monday, reaching GBX 39.50 ($0.51). The company had a trading volume of 83,443 shares, compared to its average volume of 332,742. The Pebble Group has a fifty-two week low of GBX 38.20 ($0.49) and a fifty-two week high of GBX 69 ($0.89). The firm has a fifty day simple moving average of GBX 44.33 and a 200-day simple moving average of GBX 47.50. The stock has a market cap of £65.04 million, a price-to-earnings ratio of 11.57 and a beta of 1.14. The company has a current ratio of 1.94, a quick ratio of 1.16 and a debt-to-equity ratio of 8.25.

The Pebble Group (LON:PEBB) last announced its quarterly earnings results on Tuesday, March 18th. The company reported GBX 4.63 ($0.06) EPS for the quarter. The Pebble Group had a return on equity of 6.55% and a net margin of 4.74%. On average, sell-side analysts anticipate that The Pebble Group will post 5.0724638 EPS for the current fiscal year.

Insider Transactions at The Pebble Group

In other The Pebble Group news, insider Claire Louise Thomson sold 72,336 shares of the business’s stock in a transaction dated Friday, February 7th. The stock was sold at an average price of GBX 45 ($0.58), for a total transaction of £32,551.20 ($42,061.25). Company insiders own 12.02% of the company’s stock.

The Pebble Group Company Profile

The Pebble Group plc (www.thepebblegroup.com) is a provider of digital commerce, products and related services to the global promotional products industry, comprising two differentiated businesses, focused on specific areas of the promotional products market: Facilisgroup (www.facilisgroup.com) and Brand Addition (www.brandaddition.com).

Facilisgroup focuses on supporting the growth of mid-sized promotional product businesses in North America by providing a digital commerce platform, which enables those businesses to benefit from significant business efficiency and gain meaningful supply chain advantage from the ability to purchase from quality suppliers under preferred terms.

Brand Addition focuses upon providing promotional products and related services under contract to some of the world’s most recognisable brands.