Proactis Holdings Plc (PHD) Rating Reiterated by FinnCap
Proactis Holdings Plc (LON:PHD)‘s stock had its “corporate” rating restated by research analysts at FinnCap in a research note issued to investors on Thursday. They currently have a GBX 250 ($3.29) target price on the stock. FinnCap’s price target suggests a potential upside of 40.85% from the stock’s previous close.
Separately, N+1 Singer increased their price objective on Proactis Holdings Plc from GBX 201 ($2.64) to GBX 226 ($2.97) and gave the stock a “buy” rating in a report on Monday, August 14th.
Shares of Proactis Holdings Plc (LON PHD) traded up GBX 1.50 ($0.02) during trading hours on Thursday, hitting GBX 177.50 ($2.33). The company had a trading volume of 28,783 shares, compared to its average volume of 345,864. Proactis Holdings Plc has a twelve month low of GBX 130 ($1.71) and a twelve month high of GBX 202.99 ($2.67).
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In related news, insider Rodney Potts bought 3,050 shares of the business’s stock in a transaction on Wednesday, October 11th. The shares were bought at an average cost of GBX 163 ($2.14) per share, for a total transaction of £4,971.50 ($6,538.87).
About Proactis Holdings Plc
PROACTIS Holdings PLC is a United Kingdom-based company, which is a Spend control and e-Procurement solution provider. The Company is engaged in the development and sale of business software, installation and related services. It offers a range of solutions, such as PROACTIS Source-to-Contract, PROACTIS Purchase-to-Pay and PROACTIS Supplier Network solutions.
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