National Bank Financial Cuts People (CVE:PEO) Price Target to C$10.00

People (CVE:PEO) had its price target reduced by National Bank Financial from C$12.00 to C$10.00 in a research note published on Tuesday, BayStreet.CA reports. They currently have an outperform rating on the stock.

A number of other research analysts have also commented on PEO. CIBC lifted their price objective on shares of People from C$11.50 to C$12.00 in a research note on Monday, December 2nd. Canaccord Genuity lifted their price objective on shares of People from C$11.00 to C$11.50 in a research note on Tuesday, January 21st.

CVE PEO opened at C$7.00 on Tuesday. The company has a debt-to-equity ratio of 52.39, a quick ratio of 0.75 and a current ratio of 0.80. The firm has a market cap of $452.94 million and a PE ratio of -112.90. People has a one year low of C$6.00 and a one year high of C$11.00. The firm’s fifty day moving average is C$9.40 and its two-hundred day moving average is C$9.42.

People (CVE:PEO) last posted its quarterly earnings data on Monday, January 20th. The company reported C$0.02 EPS for the quarter. The business had revenue of C$44.31 million during the quarter, compared to analyst estimates of C$44.80 million. Research analysts predict that People will post 0.33 earnings per share for the current year.

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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