RBC Capital Boosts CACI International Price Target to $74.00 (CACI)
Stock analysts at RBC Capital raised their price objective on shares of CACI International (NASDAQ:CACI) from $69.00 to $74.00 in a report issued on Friday. The firm currently has a “sector perform” rating on the stock. RBC Capital’s target price points to a potential upside of 4.09% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks downgraded shares of CACI International from a “neutral” rating to an “underperform” rating in a research note on Thursday, July 31st. They now have a $63.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. cut their price target on shares of CACI International from $93.00 to $83.00 in a research note on Monday, June 30th. They now have an “overweight” rating on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of CACI International in a research note on Friday, June 27th. They now have a $73.00 price target on the stock, up previously from $69.00. One investment analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $75.56.
Shares of CACI International (NASDAQ:CACI) opened at 71.09 on Friday. CACI International has a 52-week low of $66.09 and a 52-week high of $80.77. The stock’s 50-day moving average is $69.42 and its 200-day moving average is $71.8. The company has a market cap of $1.670 billion and a P/E ratio of 12.94.
CACI International (NASDAQ:CACI) last issued its quarterly earnings data on Wednesday, August 20th. The company reported $1.49 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.43 by $0.06. The company had revenue of $905.70 million for the quarter, compared to the consensus estimate of $891.63 million. During the same quarter last year, the company posted $1.56 earnings per share. CACI International’s revenue was down .8% compared to the same quarter last year. On average, analysts predict that CACI International will post $5.32 earnings per share for the current fiscal year.
CACI International Inc (NASDAQ:CACI), is an simulation technology company.
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