People (CVE:PEO) Given New C$12.00 Price Target at CIBC

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People (CVE:PEO) had its target price boosted by CIBC from C$11.50 to C$12.00 in a research note released on Monday morning, BayStreet.CA reports.

PEO has been the subject of a number of other research reports. National Bank Financial set a C$11.00 price objective on shares of People and gave the company an outperform rating in a report on Thursday, October 17th. Canaccord Genuity increased their price objective on shares of People from C$10.50 to C$11.00 in a report on Monday.

PEO stock opened at C$9.10 on Monday. The company has a market cap of $611.80 million and a price-to-earnings ratio of -35.83. The company has a current ratio of 1.34, a quick ratio of 1.26 and a debt-to-equity ratio of 53.31. People has a 12 month low of C$6.79 and a 12 month high of C$9.70. The firm has a 50-day moving average of C$8.99 and a two-hundred day moving average of C$8.78.

People Company Profile

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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