Credit Suisse Increases CACI International Price Target to $72.00 (CACI)
Research analysts at Credit Suisse raised their price target on shares of CACI International (NASDAQ:CACI) from $65.00 to $72.00 in a report released on Friday, Analyst Ratings News reports. The firm currently has a “neutral” rating on the stock. Credit Suisse’s price objective suggests a potential downside of 0.21% from the company’s current price.
In other CACI International news, Director J Phillip London unloaded 9,531 shares of CACI International stock in a transaction dated Wednesday, October 23rd. The shares were sold at an average price of $70.14, for a total value of $668,504.34. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital reiterated a “sell” rating on shares of CACI International in a research note to investors on Thursday. They now have a $63.00 price target on the stock. Separately, analysts at Jefferies Group raised their price target on shares of CACI International from $63.00 to $67.00 in a research note to investors on Thursday. They now have a “hold” rating on the stock. Finally, analysts at Cowen and Company raised their price target on shares of CACI International from $75.00 to $80.00 in a research note to investors on Thursday. They now have a “market perform” rating on the stock. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. CACI International currently has a consensus rating of “Hold” and a consensus target price of $69.00.
CACI International (NASDAQ:CACI) opened at 72.15 on Friday. CACI International has a 52-week low of $49.54 and a 52-week high of $72.45. The stock’s 50-day moving average is $69.10 and its 200-day moving average is $65.09. The company has a market cap of $1.678 billion and a price-to-earnings ratio of 11.34.
CACI International (NASDAQ:CACI) last announced its earnings results on Wednesday, October 30th. The company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.04. The company had revenue of $864.27 million for the quarter, compared to the consensus estimate of $878.79 million. During the same quarter in the previous year, the company posted $1.49 earnings per share. The company’s revenue for the quarter was down 7.2% on a year-over-year basis. Analysts expect that CACI International will post $5.86 EPS for the current fiscal year.
CACI International Inc (NASDAQ:CACI), is an simulation technology company.
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