People (PEO) PT Raised to C$9.00
People (CVE:PEO) had its target price raised by investment analysts at National Bank Financial from C$8.50 to C$9.00 in a research note issued on Wednesday. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s target price would suggest a potential upside of 19.68% from the company’s previous close. National Bank Financial also issued estimates for People’s FY2018 earnings at $0.21 EPS and FY2019 earnings at $0.42 EPS.
A number of other brokerages also recently issued reports on PEO. Laurentian Bank of Canada lifted their price target on People from C$7.80 to C$9.00 in a research report on Thursday, November 23rd. Laurentian lifted their price target on People from C$7.80 to C$9.00 in a research report on Thursday, November 23rd.
Shares of People (CVE PEO) opened at C$7.52 on Wednesday. People has a 12-month low of C$4.10 and a 12-month high of C$7.93.
People Corporation provides group benefits, group retirement, and human resource services in Canada. The company offers consulting advice primarily comprising plan review and plan design, plan recommendations and alternative funding methods, plan set up, employee communications, wellness programs, and plan marketing services.
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