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 reaffirmed by equities researchers at Canaccord Genuity Group in a research report issued on Wednesday, MarketBeat.com reports. They presently have a GBX 270 target price on the stock. Canaccord Genuity Group's target price would suggest a potential upside of 44.39% from the stock's current price.

Public Policy Stock Performance

PPHC traded up GBX 2 during trading on Wednesday, reaching GBX 187. The company's stock had a trading volume of 96,532 shares, compared to its average volume of 82,958. Public Policy has a 52-week low of GBX 129 and a 52-week high of GBX 187. The company's fifty day moving average price is GBX 171.42 and its 200-day moving average price is GBX 148.92. The company has a market capitalization of £235.01 million and a price-to-earnings ratio of -890.48. The company has a debt-to-equity ratio of 73.20, a quick ratio of 1.88 and a current ratio of 1.07.

Public Policy Company Profile

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.