Robert Half International (NYSE:RHI) was downgraded by equities researchers at Barclays Capital from an “overweight” rating to an “equal weight” rating in a research report issued on Friday, AnalystRatingsNetwork reports. They currently have a $40.00 price target on the stock. Barclays Capital’s target price indicates a potential upside of 10.10% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Robert Half International in a research note to investors on Thursday. They now have a $39.00 price target on the stock. Separately, analysts at RBC Capital reiterated a “buy” rating on shares of Robert Half International in a research note to investors on Wednesday, July 24th. They now have a $40.00 price target on the stock. Finally, analysts at Deutsche Bank cut their price target on shares of Robert Half International from $45.00 to $41.00 in a research note to investors on Wednesday, July 24th. They now have a “buy” rating on the stock.
Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Robert Half International currently has an average rating of “Buy” and a consensus price target of $38.88.
Shares of Robert Half International (NYSE: RHI) traded down 0.52% during mid-day trading on Friday, hitting $36.14. Robert Half International has a 52 week low of $25.10 and a 52 week high of $38.00. The stock’s 50-day moving average is currently $34.04. The company has a market cap of $4.929 billion and a P/E ratio of 21.43.
Robert Half International (NYSE:RHI) last released its earnings data on Tuesday, July 23rd. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.03. The company had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.05 billion. During the same quarter last year, the company posted $0.38 earnings per share. Robert Half International’s revenue was up 3.4% compared to the same quarter last year. On average, analysts predict that Robert Half International will post $1.83 earnings per share 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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