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).

About CPPGroup

CPPGroup Plc provides product, marketing, and distribution services to businesses delivering tangible commercial benefits and solutions to their customers worldwide. It offers insurance and assistance products for the protection of mobile phones, payment cards, and household belongings; keeps travel plans moving; and monitors compromised personal data.

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