Robert Half International PT Raised to $58.00 at RBC Capital (RHI)
RBC Capital increased their price target on shares of Robert Half International (NYSE:RHI) from $52.00 to $58.00 in a research note issued on Wednesday. The firm currently has an “outperform” rating on the stock. RBC Capital’s target price points to a potential upside of 20.33% from the company’s current price.
Shares of Robert Half International (NYSE:RHI) traded up 7.26% on Wednesday, hitting $51.70. 2,888,901 shares of the company’s stock traded hands. Robert Half International has a one year low of $35.14 and a one year high of $49.11. The stock has a 50-day moving average of $47.52 and a 200-day moving average of $43.56. The company has a market cap of $6.997 billion and a price-to-earnings ratio of 25.58.
Robert Half International (NYSE:RHI) last released its earnings data on Tuesday, July 22nd. The company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.03. The company had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter in the previous year, the company posted $0.46 earnings per share. The company’s revenue for the quarter was up 9.5% on a year-over-year basis. On average, analysts predict that Robert Half International will post $2.10 earnings per share for the current fiscal year.
RHI has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Robert Half International in a research note on Wednesday. They now have a $56.00 price target on the stock, up previously from $50.00. Separately, analysts at Bank of America reiterated a “buy” rating on shares of Robert Half International in a research note on Wednesday. They now have a $56.00 price target on the stock, up previously from $55.00. Finally, analysts at BMO Capital Markets raised their price target on shares of Robert Half International from $49.00 to $57.00 in a research note on Wednesday. They now have an “outperform” rating on the stock. Five research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $52.00.
Robert Half International Inc provides specialized staffing and risk consulting services. The Company operates in three segments: temporary and consultant staffing, permanent placement staffing, and risk consulting and internal audit services.
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