ICF International (ICFI) Rating Increased to Buy at ValuEngine

ICF International (NASDAQ:ICFI) was upgraded by equities researchers at ValuEngine from a “hold” rating to a “buy” rating in a report released on Thursday.

Other equities analysts have also issued research reports about the company. Zacks Investment Research upgraded ICF International from a “hold” rating to a “buy” rating and set a $60.00 target price on the stock in a research note on Wednesday, January 10th. BidaskClub upgraded ICF International from a “sell” rating to a “hold” rating in a research note on Friday, December 29th. Noble Financial reiterated a “hold” rating on shares of ICF International in a research note on Tuesday, November 7th. Finally, Wells Fargo & Co increased their target price on ICF International from $54.00 to $58.00 and gave the stock a “market perform” rating in a research note on Wednesday, October 25th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $58.75.

Shares of ICF International (NASDAQ ICFI) traded down $0.95 during midday trading on Thursday, hitting $51.80. The stock had a trading volume of 243,254 shares, compared to its average volume of 68,430. The company has a market capitalization of $965.68, a price-to-earnings ratio of 20.64, a P/E/G ratio of 1.57 and a beta of 0.87. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.57 and a current ratio of 1.57. ICF International has a one year low of $40.20 and a one year high of $56.55.

Several hedge funds and other institutional investors have recently made changes to their positions in ICFI. Teachers Advisors LLC increased its stake in ICF International by 6.3% during the 2nd quarter. Teachers Advisors LLC now owns 32,729 shares of the business services provider’s stock worth $1,542,000 after acquiring an additional 1,946 shares during the period. California Public Employees Retirement System increased its stake in ICF International by 8.3% during the 3rd quarter. California Public Employees Retirement System now owns 29,465 shares of the business services provider’s stock worth $1,590,000 after acquiring an additional 2,265 shares during the period. First Quadrant L P CA increased its stake in ICF International by 23.2% during the 3rd quarter. First Quadrant L P CA now owns 13,201 shares of the business services provider’s stock worth $712,000 after acquiring an additional 2,483 shares during the period. Mutual of America Capital Management LLC increased its stake in ICF International by 5.8% during the 4th quarter. Mutual of America Capital Management LLC now owns 53,914 shares of the business services provider’s stock worth $2,830,000 after acquiring an additional 2,936 shares during the period. Finally, Eqis Capital Management Inc. bought a new position in ICF International during the 3rd quarter worth $214,000. Institutional investors own 92.28% of the company’s stock.

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ICF International Company Profile

ICF International, Inc provides professional services and technology-based solutions to government and commercial clients, including management, technology, and policy consulting and implementation services. The Company’s services address four markets: energy, environment and infrastructure; health, education and social programs; safety and security, and consumer and financial.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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