FTI Consulting PT Raised to $36.00 (FCN)
Investment analysts at Deutsche Bank increased their price target on shares of FTI Consulting (NYSE:FCN) from $30.00 to $36.00 in a note issued to investors on Tuesday. Deutsche Bank’s target price suggests a potential downside of 2.70% from the company’s current price.
Shares of FTI Consulting (NYSE:FCN) traded up 2.38% during mid-day trading on Tuesday, hitting $37.00. 816,978 shares of the company’s stock traded hands. FTI Consulting has a 52-week low of $28.23 and a 52-week high of $46.73. The stock has a 50-day moving average of $31.77 and a 200-day moving average of $35.22. The company’s market cap is $1.459 billion.
FTI Consulting (NYSE:FCN) last released its earnings data on Thursday, May 1st. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.15. The company had revenue of $425.60 million for the quarter, compared to the consensus estimate of $415.17 million. During the same quarter in the previous year, the company posted $0.59 earnings per share. The company’s revenue for the quarter was up 4.5% on a year-over-year basis. Analysts expect that FTI Consulting will post $1.56 EPS for the current fiscal year.
Separately, analysts at Zacks upgraded shares of FTI Consulting from an “underperform” rating to a “neutral” rating in a research note on Thursday, May 8th. They now have a $32.00 price target on the stock.
FTI Consulting, Inc (NYSE:FCN) is a global business advisory firm.
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