Robert Half International Given New $45.00 Price Target at RBC Capital (RHI)
Stock analysts at RBC Capital hoisted their target price on shares of Robert Half International (NYSE:RHI) from $40.00 to $45.00 in a report issued on Wednesday, American Banking and Market News reports. The firm currently has an “outperform” rating on the stock. RBC Capital’s target price indicates a potential upside of 14.56% from the stock’s previous close.
A number of other analysts have also recently weighed in on RHI. Analysts at JPMorgan Chase & Co. raised their price target on shares of Robert Half International from $40.00 to $48.00 in a research note to investors on Wednesday. They now have an “overweight” rating on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of Robert Half International from $41.00 to $43.00 in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Finally, analysts at BMO Capital Markets raised their price target on shares of Robert Half International from $40.00 to $44.00 in a research note to investors on Wednesday. They now have an “outperform” rating on the stock. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $42.25.
Shares of Robert Half International (NYSE:RHI) traded down 3.54% on Wednesday, hitting $39.28. The stock had a trading volume of 2,088,195 shares. Robert Half International has a 52 week low of $25.10 and a 52 week high of $39.10. The stock has a 50-day moving average of $37.43 and a 200-day moving average of $35.46. The company has a market cap of $5.357 billion and a P/E ratio of 24.04.
Robert Half International (NYSE:RHI) last announced its earnings results on Tuesday, October 22nd. The company reported $0.48 earnings per share for the quarter, meeting the analysts’ 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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