Public Policy (LON:PPHC) Hits New 1-Year High - Here's Why

Key Points

• Public Policy Holding Company (LON:PPHC) achieved a new 52-week high in its stock price, reaching GBX 1,090 ($14.50) during trading.
• Analysts from Canaccord Genuity Group have increased their price target for PPHC from GBX 270 to GBX 1,350, maintaining a "buy" rating.
• The company's market capitalization stands at £273.72 million, alongside a negative price-to-earnings ratio of -1,210.00.

Public Policy Holding Company, Inc. (LON:PPHC - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 1,090 ($14.50) and last traded at GBX 1,089 ($14.48), with a volume of 8505 shares trading hands. The stock had previously closed at GBX 1,070 ($14.23).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group upped their price target on Public Policy from GBX 270 to GBX 1,350 and gave the company a "buy" rating in a report on Monday. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of "Buy" and a consensus target price of GBX 1,300.

Public Policy Trading Up 1.8%

The company has a debt-to-equity ratio of 73.20, a current ratio of 1.07 and a quick ratio of 1.88. The business has a 50 day simple moving average of GBX 918.34 and a 200 day simple moving average of GBX 785.23. The company has a market cap of £273.72 million and a price-to-earnings ratio of -1,210.00.

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.

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