People (PEO) Given New C$10.25 Price Target at Canaccord Genuity

People (CVE:PEO) had its price objective lifted by Canaccord Genuity from C$10.00 to C$10.25 in a report published on Tuesday morning, BayStreet.CA reports.

PEO has been the subject of a number of other research reports. Desjardins raised their price target on People from C$9.50 to C$9.75 in a research report on Tuesday. CIBC set a C$9.25 price objective on People and gave the stock an outperform rating in a research report on Thursday, February 28th.

Shares of PEO stock opened at C$7.80 on Tuesday. People has a fifty-two week low of C$6.18 and a fifty-two week high of C$8.52. The firm has a market capitalization of $459.66 million and a PE ratio of -35.14. The company has a debt-to-equity ratio of 50.59, a current ratio of 1.05 and a quick ratio of 0.98.

People (CVE:PEO) last announced its quarterly earnings results on Monday, January 28th. The company reported C$0.02 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.03 by C($0.01). The firm had revenue of C$36.34 million during the quarter, compared to analyst estimates of C$36.90 million. As a group, sell-side analysts anticipate that People will post 0.16 earnings per share for the current fiscal year.

About People

People Corporation provides individual and employee group benefits, group retirement, wellness, and human resource solutions in Canada. The company offers consulting advice, which primarily includes plan review and design, plan recommendations and alternative funding methods, plan set up, employee communications, wellness programs, and plan marketing services.

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