Public Policy (LON:PPHC) Earns “Buy” Rating from Canaccord Genuity Group

Canaccord Genuity Group reissued their buy rating on shares of Public Policy (LON:PPHC) in a research note published on Wednesday, Marketbeat.com reports. The brokerage currently has a GBX 250 ($3.30) price target on the stock.

Public Policy Price Performance

Shares of LON:PPHC opened at GBX 131 ($1.73) on Wednesday. The company’s fifty day moving average is GBX 133.23 and its 200 day moving average is GBX 127.18. The company has a quick ratio of 1.88, a current ratio of 1.22 and a debt-to-equity ratio of 43.61. Public Policy has a 52 week low of GBX 103 ($1.36) and a 52 week high of GBX 140 ($1.85). The stock has a market cap of £156.90 million and a PE ratio of -1,310.00.

Public Policy Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, October 25th. Investors of record on Thursday, September 26th will be issued a dividend of $0.05 per share. This represents a yield of 2.71%. The ex-dividend date of this dividend is Thursday, September 26th. Public Policy’s dividend payout ratio is presently -11,000.00%.

About Public Policy

Public Policy Holding Company, Inc provides public policy advisory, communications, and related advisory services. It operates in two segments, Lobbying Consulting and Public Affairs Consulting. The Lobbying Consulting segment offers federal and state advocacy, strategic guidance, political intelligence, and issue monitoring services.