Do analysts think that XPS Pensions is a buy, hold or sell?
Buy, hold and sell recommendations from company analysts can be a useful signal about the sentiment around a stock. Examining the 'consensus' rating among brokers can give you a sense of whether the share is worth buying or not. Take XPS Pensions (LON:XPS) as an example...
Shares in the company have risen by 1.91% over the past month and it’s currently trading at 133.5p. But what do the analysts that cover it think?
Based on the broker 'consensus', there could be reasons to believe that the positive recent trend will continue. In terms of trading recommendations, XPS Pensions currently has:
- 2 Buy recommendations
- 0 Hold recommendations
- 0 Sell recommendations
This suggests that analysts are generally upbeat about the outlook.
At its current price of 133.5p, shares in XPS Pensions are trading at a discount of -13.0% to its 52 week high price. The 1-year performance of the shares has been -5.65%.
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of XPS Pensions it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with XPS Pensions that you can find out about here.
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