Huron Consulting Group Lowered to “Neutral” at Zacks (HURN)
Huron Consulting Group (NASDAQ:HURN) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research report issued on Monday. They currently have a $74.20 target price on the stock. Zacks‘s price target indicates a potential upside of 16.87% from the company’s current price.
HURN has been the subject of a number of other recent research reports. Analysts at Stifel Nicolaus raised their price target on shares of Huron Consulting Group from $75.00 to $78.00 in a research note on Thursday, July 31st. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Huron Consulting Group in a research note on Wednesday, July 30th. They now have a $75.00 price target on the stock, up previously from $73.00.
Shares of Huron Consulting Group (NASDAQ:HURN) traded up 0.08% during mid-day trading on Monday, hitting $63.54. 43,968 shares of the company’s stock traded hands. Huron Consulting Group has a 52 week low of $47.25 and a 52 week high of $72.66. The stock has a 50-day moving average of $64.36 and a 200-day moving average of $65.68. The company has a market cap of $1.439 billion and a price-to-earnings ratio of 15.64.
Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.95 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.77 by $0.18. The company had revenue of $209.40 million for the quarter, compared to the consensus estimate of $193.60 million. During the same quarter in the previous year, the company posted $0.75 earnings per share. The company’s revenue for the quarter was up 22.9% on a year-over-year basis. On average, analysts predict that Huron Consulting Group will post $3.39 earnings per share for the current fiscal year.
Huron Consulting Group Inc (NASDAQ:HURN) is a provider of operational and financial consulting services.
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