People (PEO) PT Lowered to C$9.50 at Cormark
People (CVE:PEO) had its target price reduced by Cormark from C$10.00 to C$9.50 in a research report released on Tuesday morning. Cormark also issued estimates for People’s FY2019 earnings at $0.11 EPS and FY2020 earnings at $0.20 EPS.
Separately, Laurentian set a C$9.75 price target on shares of People and gave the stock a buy rating in a research report on Friday, August 24th.
Shares of PEO opened at C$7.25 on Tuesday. People has a fifty-two week low of C$6.18 and a fifty-two week high of C$8.52. The company has a debt-to-equity ratio of 55.96, a quick ratio of 1.45 and a current ratio of 1.51.
People Company Profile
People Corporation provides group benefits, group retirement, and human resource services 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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