System1 Group (LON:SYS1) Given New GBX 630 Price Target at Canaccord Genuity Group

System1 Group (LON:SYS1) had its price objective raised by Canaccord Genuity Group from GBX 615 ($7.78) to GBX 630 ($7.97) in a research note issued to investors on Wednesday, Digital Look reports. The firm presently has a “buy” rating on the stock. Canaccord Genuity Group’s price target would suggest a potential downside of 5.83% from the stock’s previous close.

System1 Group Stock Performance

Shares of LON SYS1 traded up GBX 149 ($1.88) during midday trading on Wednesday, reaching GBX 669 ($8.46). 86,127 shares of the company traded hands, compared to its average volume of 62,466. System1 Group has a 52 week low of GBX 150 ($1.90) and a 52 week high of GBX 669 ($8.46). The stock has a 50-day moving average price of GBX 488.35 and a 200 day moving average price of GBX 417.63. The company has a debt-to-equity ratio of 9.88, a current ratio of 2.20 and a quick ratio of 1.90. The company has a market cap of £84.83 million, a price-to-earnings ratio of 6,690.00 and a beta of 1.35.

About System1 Group

System1 Group PLC, together with its subsidiaries, provides marketing and market research consultancy services in the United Kingdom. The company offers a range of tools, such as predictive marketing tool that uses the wisdom of the crowd to identify winning concepts; and ad-testing tool that identifies the emotional impact of advertising.