Corporate Executive Board Given New $80.00 Price Target at Barclays (CEB)
Research analysts at Barclays boosted their target price on shares of Corporate Executive Board (NYSE:CEB) from $69.00 to $80.00 in a report released on Wednesday, AR Network reports. The firm currently has an “overweight” rating on the stock. Barclays’ target price would suggest a potential upside of 11.11% from the stock’s previous close.
Separately, analysts at TheStreet downgraded shares of Corporate Executive Board to a “hold” rating in a research note to investors on Wednesday. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Corporate Executive Board has an average rating of “Buy” and a consensus target price of $69.00.
Shares of Corporate Executive Board (NYSE:CEB) traded down 1.23% during mid-day trading on Wednesday, hitting $72.00. The stock had a trading volume of 249,935 shares. Corporate Executive Board has a 52 week low of $37.20 and a 52 week high of $76.71. The stock has a 50-day moving average of $73.14 and a 200-day moving average of $65.61. The company has a market cap of $2.419 billion and a price-to-earnings ratio of 78.22.
Corporate Executive Board (NYSE:CEB) last released its earnings data on Tuesday, October 29th. The company reported $0.86 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.81 by $0.05. The company had revenue of $201.70 million for the quarter, compared to the consensus estimate of $205.55 million. During the same quarter in the prior year, the company posted $0.78 earnings per share. The company’s quarterly revenue was up 17.3% on a year-over-year basis. On average, analysts predict that Corporate Executive Board will post $3.12 earnings per share for the current fiscal year.
Corporate Executive Board Company (NYSE:CEB) is an advisory company that equips senior executives and their teams with actionable solutions to drive corporate performance.
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