Proservice Building Services Marketplace’s (PRO) Speculative Buy Rating Reaffirmed at Canaccord Genuity Group

Proservice Building Services Marketplace (LON:PRO)‘s stock had its “speculative buy” rating reaffirmed by investment analysts at Canaccord Genuity Group in a research report issued on Tuesday, London Stock Exchange reports. They currently have a GBX 5 price objective on the stock. Canaccord Genuity Group’s price target would indicate a potential upside of 90.11% from the stock’s current price.

Proservice Building Services Marketplace Trading Up 6.9%

PRO stock opened at GBX 2.63 on Tuesday. The firm has a 50 day moving average of GBX 2.28 and a 200-day moving average of GBX 3.78. The firm has a market capitalization of £21.02 million and a P/E ratio of -5.16. Proservice Building Services Marketplace has a 12 month low of GBX 1.50 and a 12 month high of GBX 9.50.

Proservice Building Services Marketplace (LON:PRO) last posted its earnings results on Tuesday, September 8th. The company reported GBX (0.92) earnings per share for the quarter.

Insider Buying and Selling at Proservice Building Services Marketplace

In other Proservice Building Services Marketplace news, insider Tom Shorten acquired 639,466 shares of the stock in a transaction that occurred on Monday, July 20th. The shares were bought at an average price of GBX 2 per share, for a total transaction of £12,789.32. Insiders own 1.47% of the company’s stock.

About Proservice Building Services Marketplace

ProService Building Services Marketplace plc (“ProService”) is the leading digital marketplace business focussed on customer and supplier acquisition. Technology driven, scalable and uniquely differentiated, ProService is a one-stop-shop providing a wide range of building-related product and services for over 7,000 active account customers per month, in product verticals including equipment hire, training, fuel, equipment sales and building materials. ProService acts as principal with buyers and sellers, but all deliveries and collections are the responsibility of sellers (direct to buyer).