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

The Pebble Group (LON:PEBB)‘s stock had its “buy” rating reiterated by equities research analysts at Berenberg Bank in a report released on Monday, Marketbeat reports. They presently have a GBX 100 ($1.29) price objective on the stock. Berenberg Bank’s price target points to a potential upside of 153.16% from the stock’s current price.

The Pebble Group Stock Performance

LON PEBB opened at GBX 39.50 ($0.51) on Monday. The business’s 50 day moving average price is GBX 44.22 and its 200-day moving average price is GBX 47.37. 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 company has a market cap of £65.04 million, a P/E ratio of 11.57 and a beta of 1.14. The company has a debt-to-equity ratio of 8.25, a quick ratio of 1.16 and a current ratio of 1.94.

The Pebble Group (LON:PEBB) last posted its quarterly earnings data on Tuesday, March 18th. The company reported GBX 4.63 ($0.06) earnings per share for the quarter. The Pebble Group had a net margin of 4.74% and a return on equity of 6.55%. Sell-side analysts predict that The Pebble Group will post 5.0724638 earnings per share for the current year.

Insider Buying and Selling at The Pebble Group

In other news, insider Claire Louise Thomson sold 72,336 shares of the company’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of GBX 45 ($0.58), for a total value of £32,551.20 ($42,142.93). 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.