Public Policy (LON:PPHC) Sets New 52-Week High - Still a Buy?

Key Points

• Shares of Public Policy Holding Company (LON:PPHC) reached a new 52-week high at GBX 200 ($2.69) during trading, reflecting a significant increase from a previous close of GBX 186.60 ($2.51).
• Analysts from Canaccord Genuity Group have maintained a "buy" rating with a price target of GBX 270, contributing to a consensus rating of "Buy" and a price target of GBX 260.
• Public Policy has a market capitalization of £251.35 million and operates as a bi-partisan U.S. government and public affairs business, servicing over 1000 clients in various sectors.

Public Policy Holding Company, Inc. (LON:PPHC - Get Free Report) reached a new 52-week high on Monday . The stock traded as high as GBX 200 ($2.70) and last traded at GBX 200 ($2.70), with a volume of 76304 shares. The stock had previously closed at GBX 186.60 ($2.52).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reissued a "buy" rating and issued a GBX 270 price objective on shares of Public Policy in a research note on Wednesday, September 10th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of GBX 260.

Public Policy Stock Performance

The stock's fifty day moving average price is GBX 174.69 and its two-hundred day moving average price is GBX 151.16. The company has a debt-to-equity ratio of 73.20, a quick ratio of 1.88 and a current ratio of 1.07. The company has a market cap of £241.78 million and a P/E ratio of -916.14.

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.