Public Policy (LON:PPHC) Hits New 52-Week High - Time to Buy?

Key Points

• Public Policy Holding Company, Inc. (LON:PPHC) reached a new 52-week high at GBX 1,120 ($14.98) during trading on Wednesday.
• Analysts from Canaccord Genuity have upgraded their price target to GBX 1,350 and given the stock a "buy" rating, aligning with the current consensus rating of "Buy."
• The company's market capitalization stands at £277.74 million with a price-to-earnings ratio of -12.28.

Public Policy Holding Company, Inc. (LON:PPHC - Get Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 1,120 ($14.98) and last traded at GBX 1,105 ($14.77), with a volume of 67473 shares trading hands. The stock had previously closed at GBX 1,090 ($14.57).

Analyst Upgrades and Downgrades

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

Public Policy Price Performance

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 firm has a market capitalization of £277.74 million and a price-to-earnings ratio of -12.28. The business has a fifty day moving average of GBX 953.48 and a two-hundred day moving average of GBX 808.51.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.