Engility Holdings Downgraded by Zacks to Neutral (EGL)
Engility Holdings (NYSE:EGL) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a note issued to investors on Monday, Stock Ratings Network reports. They currently have a $44.30 price target on the stock. Zacks‘ price target would indicate a potential upside of 8.31% from the company’s current price.
Engility Holdings (NYSE:EGL) traded up 1.76% during mid-day trading on Monday, hitting $41.62. The stock had a trading volume of 65,910 shares. Engility Holdings has a 1-year low of $18.31 and a 1-year high of $40.35. The stock’s 50-day moving average is $37.12 and its 200-day moving average is $33.39. The company has a market cap of $717.2 million and a price-to-earnings ratio of 8.89.
EGL has been the subject of a number of other recent research reports. Analysts at TheStreet upgraded shares of Engility Holdings to a “hold” rating in a research note on Tuesday, January 7th. Analysts at CRT Capital upgraded shares of Engility Holdings from a “fair value” rating to a “buy” rating in a research note on Tuesday, December 24th. They now have a $40.00 price target on the stock. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $41.43.
Engility Holdings, Inc (NYSE:EGL) is a provider of systems engineering services, training, program management, and operational support for the United States Government worldwide.
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