Public Policy (LON:PPHC) Hits New 1-Year High - Still a Buy?

Key Points

• Public Policy Holding Company shares reached a new 52-week high at GBX 1,105, reflecting strong trading momentum and increasing interest in the stock.
• Analysts from Canaccord Genuity Group upgraded their price target from GBX 270 to GBX 1,350, maintaining a "buy" rating for the stock.
• The stock currently has a consensus rating of "Buy" with an average price target of GBX 1,300, indicating positive sentiment among analysts.

Public Policy Holding Company, Inc. (LON:PPHC - Get Free Report)'s share price hit a new 52-week high during trading on Thursday . The company traded as high as GBX 1,105 ($14.81) and last traded at GBX 1,090 ($14.61), with a volume of 16077 shares changing hands. The stock had previously closed at GBX 1,075 ($14.41).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group lifted their price objective on Public Policy from GBX 270 to GBX 1,350 and gave the company a "buy" rating in a research note on Monday, October 6th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of GBX 1,300.

Public Policy Stock Performance

The firm has a 50-day simple moving average of GBX 935.46 and a 200 day simple moving average of GBX 796.28. The company has a market cap of £273.97 million and a price-to-earnings ratio of -1,211.11. The company has a quick ratio of 1.88, a current ratio of 1.07 and a debt-to-equity ratio of 73.20.

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.

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