People (CVE:PEO) PT Raised to C$12.00 at National Bank Financial

People (CVE:PEO) had its price target increased by National Bank Financial from C$11.00 to C$12.00 in a report released on Tuesday, BayStreet.CA reports. They currently have an outperform rating on the stock. National Bank Financial also issued estimates for People’s Q2 2020 earnings at $0.04 EPS, Q3 2020 earnings at $0.04 EPS, Q4 2020 earnings at $0.05 EPS, FY2020 earnings at $0.15 EPS and FY2021 earnings at $0.17 EPS.

A number of other research analysts have also recently commented on the company. CIBC upped their target price on People from C$11.50 to C$12.00 in a research note on Monday, December 2nd. Canaccord Genuity upped their target price on People from C$11.00 to C$11.50 in a research note on Tuesday.

PEO opened at C$10.65 on Tuesday. The stock has a market cap of $715.85 million and a price-to-earnings ratio of -247.67. The stock’s 50 day moving average price is C$9.80 and its 200-day moving average price is C$9.21. People has a one year low of C$7.21 and a one year high of C$11.00. The company has a debt-to-equity ratio of 66.79, a quick ratio of 0.69 and a current ratio of 0.73.

People (CVE:PEO) last released its earnings results on Monday, December 9th. The company reported C$0.03 EPS for the quarter. The business had revenue of C$43.19 million for the quarter. As a group, analysts predict that People will post 0.23 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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