BMO Capital Markets Increases Robert Half International Price Target to $44.00 (RHI)
Stock analysts at BMO Capital Markets upped their price objective on shares of Robert Half International (NYSE:RHI) from $40.00 to $44.00 in a report issued on Wednesday, American Banking & Market News reports. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ price objective would indicate a potential upside of 12.02% from the stock’s previous close.
A number of other firms have also recently commented on RHI. Analysts at Jefferies Group initiated coverage on shares of Robert Half International in a research note to investors on Friday, October 11th. They set a “hold” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Robert Half International in a research note to investors on Wednesday, September 18th. They now have a $41.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Robert Half International in a research note to investors on Friday, September 6th. They now have a $39.00 price target on the stock. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Robert Half International currently has a consensus rating of “Buy” and a consensus target price of $42.25.
Robert Half International (NYSE:RHI) traded down 3.54% during mid-day trading on Wednesday, hitting $39.28. 2,088,195 shares of the company’s stock traded hands. Robert Half International has a 1-year low of $25.10 and a 1-year high of $39.10. The stock’s 50-day moving average is $37.43 and its 200-day moving average is $35.46. The company has a market cap of $5.357 billion and a price-to-earnings ratio of 24.04.
Robert Half International (NYSE:RHI) last released its earnings data on Tuesday, October 22nd. The company reported $0.48 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.48. The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter last year, the company posted $0.41 earnings per share. Robert Half International’s revenue was up 4.1% compared to the same quarter last year. On average, analysts predict that Robert Half International will post $1.83 earnings per share for the current fiscal year.
Robert Half International Inc provides specialized staffing and risk consulting services. The Company operates in three segments: temporary and consultant staffing, permanent placement staffing, and risk consulting and internal audit services.
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