Huron Consulting Group Rating Increased to Outperform at Zacks (HURN)
Huron Consulting Group (NASDAQ:HURN) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research note issued on Tuesday. The firm currently has a $74.20 price objective on the stock. Zacks‘s price target would suggest a potential upside of 5.64% from the company’s current price.
Huron Consulting Group (NASDAQ:HURN) traded up 1.31% during mid-day trading on Tuesday, hitting $71.16. The stock had a trading volume of 98,569 shares. Huron Consulting Group has a 1-year low of $43.85 and a 1-year high of $71.67. The stock has a 50-day moving average of $67.8 and a 200-day moving average of $64.90. The company has a market cap of $1.607 billion and a P/E ratio of 18.05.
Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $1.10 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.60 by $0.50. The company had revenue of $210.73 million for the quarter, compared to the consensus estimate of $184.64 million. During the same quarter in the prior year, the company posted $0.51 earnings per share. The company’s quarterly revenue was up 28.5% on a year-over-year basis. Analysts expect that Huron Consulting Group will post $3.29 EPS for the current fiscal year.
HURN has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Huron Consulting Group in a research note on Wednesday, April 30th. They now have a $73.00 price target on the stock, up previously from $70.00. Analysts at Stifel Nicolaus raised their price target on shares of Huron Consulting Group from $74.00 to $75.00 in a research note on Wednesday, April 30th. They now have a “buy” rating on the stock.
Huron Consulting Group Inc (NASDAQ:HURN) is a provider of operational and financial consulting services.
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