SunTrust Increases Robert Half International Price Target to $56.00 (RHI)
Analysts at SunTrust lifted their price objective on shares of Robert Half International (NYSE:RHI) from $54.00 to $56.00 in a research report issued to clients and investors on Wednesday. The firm currently has a “buy” rating on the stock. SunTrust’s target price indicates a potential upside of 16.18% from the company’s current price.
A number of other analysts have also recently weighed in on RHI. Analysts at RBC Capital raised their price target on shares of Robert Half International from $52.00 to $58.00 in a research note on Wednesday. They now have an “outperform” rating on the stock. Separately, 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. Finally, 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. Five equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $52.00.
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 52 week low of $35.14 and a 52 week 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 posted its quarterly earnings results on Tuesday, July 22nd. The company reported $0.55 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.46 earnings per share. Robert Half International’s revenue was up 9.5% compared to the same quarter last year. Analysts expect that Robert Half International will post $2.10 EPS for the current fiscal year.
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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