People (CVE:PEO) PT Raised to C$11.00

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People (CVE:PEO) had its price target boosted by analysts at Canaccord Genuity from C$10.50 to C$11.00 in a report released on Monday, BayStreet.CA reports. Canaccord Genuity’s price target indicates a potential upside of 22.09% from the stock’s previous close.

Other equities analysts have also recently issued research reports about the company. CIBC boosted their price objective on People from C$11.00 to C$11.50 in a report on Wednesday, October 23rd. National Bank Financial set a C$11.00 price objective on People and gave the company an “outperform” rating in a report on Thursday, October 17th.

PEO remained flat at $C$9.01 on Monday. The company’s stock had a trading volume of 14,142 shares, compared to its average volume of 48,712. The firm’s fifty day moving average is C$8.99 and its 200-day moving average is C$8.77. People has a 12 month low of C$6.79 and a 12 month high of C$9.70. The company has a quick ratio of 1.26, a current ratio of 1.34 and a debt-to-equity ratio of 53.31. The stock has a market capitalization of $611.80 million and a price-to-earnings ratio of -35.47.

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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