Barrett Business Services Inc. Reaches New 12-Month High at $99.58 (BBSI)
Shares of Barrett Business Services (NASDAQ:BBSI) hit a new 52-week high on Thursday, Analyst Ratings.Net reports. The company traded as high as $99.58 and last traded at $98.04, with a volume of 53,215 shares trading hands. The stock had previously closed at $97.49.
A number of research firms have recently commented on BBSI. Analysts at Zacks downgraded shares of Barrett Business Services from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 31st. They now have a $100.10 price target on the stock. Finally, analysts at Roth Capital raised their price target on shares of Barrett Business Services from $75.00 to $100.00 in a research note to investors on Thursday, October 31st. They now have a “buy” rating on the stock.
Barrett Business Services has a one year low of $38.15 and a one year high of $98.00. The stock’s 50-day moving average is $89.61 and its 200-day moving average is $74.84. The company has a market cap of $704.7 million and a P/E ratio of 39.53.
Barrett Business Services, Inc is a provider of business management solutions, combining human resource outsourcing and professional management consulting.
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