Canaccord Genuity Group Reaffirms Buy Rating for PCI-PAL (LON:PCIP)

PCI-PAL (LON:PCIP)‘s stock had its “buy” rating restated by Canaccord Genuity Group in a research note issued on Thursday,London Stock Exchange reports. They presently have a GBX 115 target price on the stock. Canaccord Genuity Group’s price target indicates a potential upside of 121.15% from the stock’s current price.

PCI-PAL Stock Down 2.8%

Shares of PCI-PAL stock traded down GBX 1.50 during trading hours on Thursday, hitting GBX 52. 30,571 shares of the company’s stock traded hands, compared to its average volume of 152,472. PCI-PAL has a twelve month low of GBX 42.25 and a twelve month high of GBX 60. The company has a market cap of £37.68 million, a PE ratio of 1,040.00 and a beta of 0.48. The stock has a 50 day simple moving average of GBX 55.73 and a 200-day simple moving average of GBX 51.99.

PCI-PAL (LON:PCIP) last released its quarterly earnings results on Tuesday, March 3rd. The company reported GBX (1.13) EPS for the quarter. PCI-PAL had a positive return on equity of 31.19% and a negative net margin of 2.12%. As a group, equities research analysts predict that PCI-PAL will post 0.9740645 EPS for the current year.

PCI-PAL Company Profile

PCI-PAL provides organisations that engage with customers by phone with globally accessible cloud solutions, ensuring their conversations are PCI compliant and personal data is protected. Safeguarding reputations and trust.

Our vision is be the preferred solution provider that technology vendors globally turn to for achieving PCI compliance for payments by phone. By dedicating ourselves to the focused pursuit of easy to integrate and simple to deploy technology, we will provide the most compelling value proposition for our partners to solve their customers challenges in achieving compliance and safeguarding reputations.

It is our people, beyond our technology, who underpin our business and support our partners.