Canaccord Genuity Group Issues Positive Forecast for System1 Group (LON:SYS1) Stock Price

System1 Group (LON:SYS1) had its price objective increased by analysts at Canaccord Genuity Group from GBX 840 ($10.36) to GBX 865 ($10.67) in a research report issued to clients and investors on Tuesday,Digital Look reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 39.52% from the stock’s previous close.

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 840 ($10.36) target price on shares of System1 Group in a report on Wednesday, December 4th.

System1 Group Trading Up 5.1 %

LON:SYS1 traded up GBX 30 ($0.37) during midday trading on Tuesday, hitting GBX 620 ($7.64). 243,268 shares of the company traded hands, compared to its average volume of 44,762. The firm has a market capitalization of £78.68 million, a P/E ratio of 3,875.00 and a beta of 1.46. The firm’s fifty day moving average is GBX 618.87 and its 200-day moving average is GBX 671.92. System1 Group has a 12-month low of GBX 280 ($3.45) and a 12-month high of GBX 809 ($9.98). The company has a current ratio of 2.03, a quick ratio of 1.90 and a debt-to-equity ratio of 3.27.

Insider Buying and Selling

In other System1 Group news, insider Rupert Howell bought 1,000 shares of System1 Group stock in a transaction on Friday, October 25th. The shares were acquired at an average price of GBX 603 ($7.44) per share, for a total transaction of £6,030 ($7,435.27). 37.47% of the stock is owned by corporate insiders.

System1 Group Company Profile

System1 is The Creative Effectiveness Platform that quickly harnesses the power of emotion to drive profitable growth for the world’s leading brands.

Our Test Your Ad (TYA) and Test Your Innovation (TYI) solutions quickly predict the short- and long-term commercial potential of ads and ideas, giving marketers confidence that their creative concepts will delight consumers and drive profitable growth.

Complementing TYA and TYI is Test Your Brand (TYB), which measures the impact of ads and ideas on brand health.

System1 also offer Expert Guidance to help improve the effectiveness of your ads and ideas.