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A statement released earlier today by finnCap about PROACTIS Holdings PLC (LON:PHD) bumps the target price to 220.00GBX

Yesterday PROACTIS Holdings PLC (LON:PHD) traded 3.87% higher at 144.50GBX. The company’s 50-day moving average is 143.58GBX and its 200-day moving average is 135.55GBX. The last closing price is up 6.90% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 39,092 shares of the stock traded hands, down from an average trading volume of 94,989

In a report released on 10/12/2016 finnCap increased the stock price target of PROACTIS Holdings PLC (LON:PHD) from 200.00GBX to 220.00GBX indicating a possible upside of 0.52%.

Previously on Monday August 15, 2016, finnCap reported on PROACTIS Holdings PLC (LON:PHD) held steady the target price at 200.00GBX. At the time, this indicated a possible upside of 0.62%.

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PROACTIS Holdings PLC (LON:PHD)

PROACTIS Holdings PLC has a 52 week low of 98.60GBX and a 52 week high of 160.00GBX with a P/E ratio of 32.20 The company’s market cap is currently 0 GBX.

In addition to finnCap reporting its stock price target, a total of 1 broker has issued a research note on the company. The average stock price target is 155.00GBX with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About PROACTIS Holdings PLC (LON:PHD)

PROACTIS Holdings plc is a United Kingdom-based company, which offers a range of spend control software solutions. The Company's segments are Europe and Americas. The Company creates, sells and maintains specialist software, which enables organizations to streamline, control and monitor all internal and external expenditure, other than payroll. It offers a range of on-premise and cloud-based delivery options with various licensing models. It offers Purchase-to-Pay, Source-to-Contract and Supplier Commerce solutions. Its purchase-to-pay solutions automate and streamline the entire day-to-day buying process, from request through authorization, ordering, invoice processing, and payment via Accounts Payable. Its Source-to-Contract solutions include Supplier Management, Sourcing, Contract Management and Content Management. Its Supplier Commerce solutions include Supplier Network, Electronic Commerce and eMarketplace. It offers transition services, advisory services and managed services.

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