CPPGroup (CPP) PT Lowered to GBX 8
CPPGroup (LON:CPP) had its target price dropped by stock analysts at Liberum Capital from GBX 15 ($0.20) to GBX 8 ($0.10) in a research note issued to investors on Thursday, ThisIsMoney.Co.Uk reports. The brokerage currently has a “buy” rating on the stock. Liberum Capital’s price objective indicates a potential upside of 60.00% from the stock’s previous close.
Shares of CPP stock opened at GBX 5 ($0.07) on Thursday. The company has a debt-to-equity ratio of -0.55, a quick ratio of 1.24 and a current ratio of 1.25. The company has a market cap of $43.11 million and a price-to-earnings ratio of 20.83. CPPGroup has a 52 week low of GBX 4.80 ($0.06) and a 52 week high of GBX 10.70 ($0.14).
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