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Equities research analysts at Morgan Stanley initiated coverage on shares of Booz Allen Hamilton Holding Corp. (NYSE:BAH) in a research note issued to investors on Tuesday, Analyst Ratings.Net reports. The firm set an “equal weight” rating and a $21.00 price target on the stock. Morgan Stanley’s target price indicates a potential upside of 8.36% from the company’s current price.

The analysts wrote, “A lack of exposure to wartime funding, a flexible cost structure and the potential for diversification separate BAH from peers. However, federal budget uncertainties, which could linger, make top line growth a challenge. Initiate at Equal-Weight.”

Several other analysts have also recently commented on the stock. Analysts at Bank of America Corp. initiated coverage on shares of Booz Allen Hamilton Holding Corp. (NYSE:BAH) in a research note to investors on Monday, August 26th. They set a “neutral” rating and a $24.00 price target on the stock. Analysts at Zacks upgraded shares of Booz Allen Hamilton Holding Corp. (NYSE:BAH) from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, August 5th. They now have a $22.90 price target on the stock.

Two research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. Booz Allen Hamilton Holding Corp. presently has a consensus rating of “Hold” and an average price target of $17.98.

Booz Allen Hamilton Holding Corp. (NYSE:BAH) opened at 19.38 on Tuesday. Booz Allen Hamilton Holding Corp. has a 1-year low of $12.12 and a 1-year high of $22.27. The stock has a 50-day moving average of $20.14 and a 200-day moving average of $17.14. The company has a market cap of $2.715 billion and a P/E ratio of 12.94.

Booz Allen Hamilton Holding Corp. (NYSE:BAH) last released its earnings data on Wednesday, July 31st. The company reported $0.50 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.40 by $0.10. The company had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the prior year, the company posted $0.46 earnings per share. The company’s quarterly revenue was down .3% on a year-over-year basis. Analysts expect that Booz Allen Hamilton Holding Corp. will post $1.64 EPS for the current fiscal year.

In other Booz Allen Hamilton Holding Corp. news, Insider Lloyd Howell, Jr. unloaded 28,500 shares of Booz Allen Hamilton Holding Corp. stock on the open market in a transaction dated Thursday, September 12th. The shares were sold at an average price of $19.55, for a total transaction of $557,175.00. Following the completion of the transaction, the insider now directly owns 111,668 shares of the company’s stock, valued at approximately $2,183,109. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) is a united States-based company that provides of management and technology consulting services to the United States government in the defense, intelligence and civil markets.

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