CACI International Given New $77.00 Price Target at RBC Capital (CACI)
Investment analysts at RBC Capital upped their price target on shares of CACI International (NASDAQ:CACI) from $66.00 to $77.00 in a note issued to investors on Monday, AnalystRatings.NET reports. RBC Capital’s price objective suggests a potential upside of 6.60% from the stock’s previous close.
Shares of CACI International (NASDAQ:CACI) traded down 2.42% on Monday, hitting $72.23. The stock had a trading volume of 496,869 shares. CACI International has a 1-year low of $49.98 and a 1-year high of $80.00. The stock has a 50-day moving average of $75.17 and a 200-day moving average of $70.44. The company has a market cap of $1.693 billion and a price-to-earnings ratio of 12.59.
CACI International (NASDAQ:CACI) last announced its earnings results on Thursday, January 30th. The company reported $1.38 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.38. The company had revenue of $894.20 million for the quarter, compared to the consensus estimate of $895.10 million. During the same quarter in the previous year, the company posted $1.69 earnings per share. The company’s revenue for the quarter was down 4.0% on a year-over-year basis. On average, analysts predict that CACI International will post $5.81 earnings per share for the current fiscal year.
CACI has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. cut their price target on shares of CACI International from $92.00 to $91.00 in a research note to investors on Friday. Separately, analysts at Zacks upgraded shares of CACI International from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday. They now have a $91.00 price target on the stock. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. CACI International currently has a consensus rating of “Buy” and a consensus price target of $80.43.
CACI International Inc (NASDAQ:CACI), is an simulation technology company.
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