CACI International Price Target Cut to $83.00 by Analysts at JPMorgan Chase & Co. (CACI)
Stock analysts at JPMorgan Chase & Co. reduced their price objective on shares of CACI International (NASDAQ:CACI) from $93.00 to $83.00 in a report issued on Monday. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s price objective points to a potential upside of 18.61% from the stock’s previous close.
Shares of CACI International (NASDAQ:CACI) traded down 0.27% during mid-day trading on Monday, hitting $69.79. 76,282 shares of the company’s stock traded hands. CACI International has a one year low of $60.52 and a one year high of $80.77. The stock’s 50-day moving average is $71.27 and its 200-day moving average is $73.27. The company has a market cap of $1.640 billion and a price-to-earnings ratio of 12.86.
CACI International (NASDAQ:CACI) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $1.19 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.48 by $0.29. The company had revenue of $900.40 million for the quarter, compared to the consensus estimate of $958.83 million. On average, analysts predict that CACI International will post $5.32 earnings per share for the current fiscal year.
A number of other firms have also recently commented on CACI. Analysts at Credit Suisse reiterated a “neutral” rating on shares of CACI International in a research note on Friday. They now have a $73.00 price target on the stock, up previously from $69.00. Separately, analysts at Cowen and Company cut their price target on shares of CACI International from $90.00 to $75.00 in a research note on Friday. Finally, analysts at RBC Capital reiterated a “sector perform” rating on shares of CACI International in a research note on Friday. They now have a $69.00 price target on the stock, down previously from $76.00. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. CACI International currently has a consensus rating of “Buy” and an average price target of $76.11.
CACI International Inc (NASDAQ:CACI), is an simulation technology company.
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