FTI Consulting Price Target Lowered to $30.00 at Deutsche Bank (FCN)
Equities researchers at Deutsche Bank reduced their target price on shares of FTI Consulting (NYSE:FCN) from $40.00 to $30.00 in a research report issued on Friday, Analyst Ratings News reports. The firm currently has a “hold” rating on the stock. Deutsche Bank’s price objective indicates a potential upside of 1.28% from the company’s current price.
Shares of FTI Consulting (NYSE:FCN) traded up 1.60% on Friday, hitting $30.0925. 834,230 shares of the company’s stock traded hands. FTI Consulting has a 1-year low of $29.53 and a 1-year high of $46.73. The stock has a 50-day moving average of $38.46 and a 200-day moving average of $38.94. The company’s market cap is $1.176 billion.
FTI Consulting (NYSE:FCN) last announced its earnings data on Thursday, February 20th. The company reported $0.49 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.43 by $0.06. The company had revenue of $416.00 million for the quarter, compared to the consensus estimate of $402.30 million. On average, analysts predict that FTI Consulting will post $2.31 earnings per share for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Macquarie cut their price target on shares of FTI Consulting from $42.00 to $30.00 in a research note on Friday. Separately, analysts at Stifel Nicolaus initiated coverage on shares of FTI Consulting in a research note on Wednesday, December 11th. They set a “hold” rating on the stock. Finally, analysts at Zacks upgraded shares of FTI Consulting from a “neutral” rating to an “outperform” rating in a research note on Monday, December 2nd. They now have a $54.00 price target on the stock. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. FTI Consulting presently has a consensus rating of “Hold” and an average price target of $39.00.
FTI Consulting, Inc (NYSE:FCN) is a global business advisory firm.
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