Public Policy (LON:PPHC) Receives "Buy" Rating from Canaccord Genuity Group

Key Points

• Public Policy (LON:PPHC) has had its "buy" rating restated by Canaccord Genuity Group, which also set a target price of GBX 270, representing a potential upside of 49.17% from the previous close.
• The company's stock opened at GBX 181 and has shown significant volatility, with a 12-month low of GBX 128.50 and a high of GBX 182.
• Public Policy Holding Company operates as a leading bi-partisan full-service U.S. government and public affairs business based in Washington, D.C., serving over 1000 clients across various sectors.

Public Policy (LON:PPHC - Get Free Report)'s stock had its "buy" rating reiterated by equities research analysts at Canaccord Genuity Group in a note issued to investors on Wednesday, Marketbeat.com reports. They currently have a GBX 270 price objective on the stock. Canaccord Genuity Group's target price would indicate a potential upside of 45.95% from the stock's current price.

Public Policy Trading Up 1.4%

Shares of PPHC traded up GBX 2.50 during midday trading on Wednesday, hitting GBX 185. 22,827 shares of the stock were exchanged, compared to its average volume of 82,877. Public Policy has a 52-week low of GBX 129 and a 52-week high of GBX 185. The stock has a fifty day simple moving average of GBX 171.42 and a 200 day simple moving average of GBX 148.72. The firm has a market cap of £232.50 million and a P/E ratio of -880.95. The company has a debt-to-equity ratio of 73.20, a quick ratio of 1.88 and a current ratio of 1.07.

About Public Policy

Public Policy Holding Company (PPHC) is a leading bi-partisan full-service U.S. government and public affairs business based in Washington DC. Working with over 1000 clients, including corporates, trade associations and non-governmental organisations, the Group is active in all major sectors of the U.S.