PPHC (NASDAQ:PPHC) Given “Buy” Rating at Canaccord Genuity Group

PPHC (NASDAQ:PPHC)‘s stock had its “buy” rating restated by analysts at Canaccord Genuity Group in a report released on Tuesday,Benzinga reports. They currently have a $18.00 price objective on the stock. Canaccord Genuity Group’s price target indicates a potential upside of 34.48% from the stock’s previous close.

PPHC has been the subject of a number of other reports. Zacks Research raised PPHC to a “hold” rating in a report on Tuesday, February 24th. Wall Street Zen upgraded PPHC to a “hold” rating in a research report on Friday, February 6th. Finally, Oppenheimer started coverage on PPHC in a research note on Monday, February 23rd. They set an “outperform” rating and a $16.00 price objective for the company. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $17.00.

PPHC Stock Performance

Shares of NASDAQ PPHC traded up $0.20 during trading hours on Tuesday, reaching $13.39. The stock had a trading volume of 36,937 shares, compared to its average volume of 148,356. PPHC has a twelve month low of $11.25 and a twelve month high of $14.50.

PPHC (NASDAQ:PPHC) last posted its quarterly earnings results on Monday, March 23rd. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.07). The company had revenue of $49.90 million for the quarter, compared to analysts’ expectations of $49.90 million.

PPHC Company Profile

Our mission is to become the preeminent provider of global strategic communications by uniting a diverse group of leading government relations, corporate communications and public affairs specialists around the world for the collective success of our clients, employees, and shareholders. Founded by veteran advisors with decades of experience in Washington, DC’s public policy and government relations landscape, we have grown and diversified our global communications advisory business through targeted acquisitions and organic growth.