Desjardins Sticks to Its Buy Rating for People Corp (PEO)


In a new note to investors yesterday, an analyst has provided a rating update for the Services sector company, People Corp (PEO). The company received a Buy rating from Desjardins’ analyst Gary Ho, with a C$9.50 price target.

According to TipRanks.com, Ho is ranked #2438 out of 5194 analysts.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for People Corp with a C$9.75 average price target.

Based on People Corp’s latest earnings release for the quarter ending November 30, the company reported a quarterly GAAP net loss of C$1.52 million. In comparison, last year the company had a net profit of C$463.7K.

People Corp. engages in the provision of group benefits, group retirement, and human resource services. Its delivers employee benefits consulting, third party benefits administration, pension consulting, human resources consulting, and executive search and staff recruitment services.

The company’s shares closed on Thursday at C$7.78.

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