Korn/Ferry International Price Target Raised to $27.00 at SunTrust (KFY)
Investment analysts at SunTrust hoisted their price target on shares of Korn/Ferry International (NYSE:KFY) to $27.00 in a note issued to investors on Monday, Stock Ratings News reports. The firm currently has a “buy” rating on the stock. SunTrust’s target price indicates a potential upside of 14.80% from the stock’s previous close.
Shares of Korn/Ferry International (NYSE:KFY) traded down 0.47% on Monday, hitting $23.52. 293,358 shares of the company’s stock traded hands. Korn/Ferry International has a 52-week low of $12.83 and a 52-week high of $23.90. The stock has a 50-day moving average of $21.5 and a 200-day moving average of $18.91. The company has a market cap of $1.160 billion and a price-to-earnings ratio of 32.77.
Korn/Ferry International (NYSE:KFY) last released its earnings data on Thursday, September 5th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.03. The company had revenue of $228.40 million for the quarter, compared to the consensus estimate of $225.00 million. During the same quarter in the previous year, the company posted $0.22 earnings per share. The company’s revenue for the quarter was up 21.2% on a year-over-year basis. Analysts expect that Korn/Ferry International will post $1.38 EPS for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Zacks upgraded shares of Korn/Ferry International from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, September 9th. They now have a $21.90 price target on the stock. Analysts at Robert W. Baird upgraded shares of Korn/Ferry International from a “neutral” rating to an “outperform” rating in a research note to investors on Friday, September 6th. They now have a $24.00 price target on the stock, up previously from $20.00.
Korn/Ferry International (NYSE:KFY) is a global provider of talent management solutions that help clients to develop, retain and sustain their talent.
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