Share on StockTwits

Equities research analysts at RBC Capital dropped their price objective on shares of Corporate Executive Board (NYSE:CEB) from $93.00 to $88.00 in a research note issued to investors on Wednesday, AnalystRatings.Net reports. The firm currently has an “outperform” rating on the stock. RBC Capital’s price target would indicate a potential upside of 28.17% from the company’s current price.

A number of other firms have also recently commented on CEB. Analysts at Deutsche Bank upgraded shares of Corporate Executive Board from a “hold” rating to a “buy” rating in a research note on Friday, April 11th. They now have a $80.00 price target on the stock. Analysts at TheStreet upgraded shares of Corporate Executive Board from a “hold” rating to a “buy” rating in a research note on Thursday, February 13th. Five research analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and an average price target of $80.25.

Shares of Corporate Executive Board (NYSE:CEB) traded up 1.34% during mid-day trading on Wednesday, hitting $68.66. 165,514 shares of the company’s stock traded hands. Corporate Executive Board has a one year low of $56.00 and a one year high of $81.00. The stock’s 50-day moving average is $72.27 and its 200-day moving average is $73.72. The company has a market cap of $2.309 billion and a price-to-earnings ratio of 72.07.

Corporate Executive Board (NYSE:CEB) last announced its earnings results on Tuesday, April 29th. The company reported $0.54 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.68 by $0.14. The company had revenue of $209.40 million for the quarter, compared to the consensus estimate of $210.63 million. During the same quarter in the prior year, the company posted $0.67 earnings per share. The company’s quarterly revenue was up 10.0% on a year-over-year basis. Analysts expect that Corporate Executive Board will post $3.30 EPS for the current fiscal year.

Corporate Executive Board Company (NYSE:CEB) is an advisory company that equips senior executives and their teams with actionable solutions to drive corporate performance.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.