Stifel Nicolaus Maintains ICF International Inc to Buy with Price Target $51.00

Brokerage firm Stifel Nicolaus Maintains its rating on ICF International Inc(NASDAQ:ICFI). In a research note issued to the investors, the brokerage major Raises the price-target to $51.00 per share. The shares have been rated Buy. The rating by Stifel Nicolaus was issued on Aug 3, 2016.

ICF International Inc (ICFI) shares turned negative on Fridays trading session with the shares closing down -0.29 points or -0.71% at a volume of 1,51,558. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $41.08. The peak price level was also seen at $41.08 while the days lowest was $40.09. Finally the shares closed at $40.41. The 52-week high of the shares is $42.97 while the 52-week low is $29.19. According to the latest information available, the market cap of the company is $767 M.

ICF International Inc(ICFI) last announced its earnings results on Aug 2, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $305.42M. Analysts had an estimated revenue of $294.06M. Earnings per share were $0.69. Analysts had estimated an EPS of $0.68.

Several Insider Transactions has been reported to the SEC. On Jul 7, 2016, Sudhakar Kesavan (Chairman and CEO) sold 9,634 shares at $41.00 per share price.Also, On May 25, 2016, Phillip Eck (VP and Principal Acct. Officer) sold 800 shares at $40.10 per share price.On May 10, 2016, Ellen Glover (EVP) sold 7,059 shares at $40.00 per share price, according to the Form-4 filing with the securities and exchange commission.

ICF International Inc. provides management technology and policy consulting and implementation services to Government and commercial clients. The Company’s services primarily address three key markets: energy environment and infrastructure; health social programs and consumer/financial and public safety and defense. Its primary services include research and analytic services assessment and advisory services design and management services solution identification and implementation services and engagement services. The Company researches critical policy industry and stakeholder issues trends and behavior. The Company collects and analyzes varieties of data to understand critical issues and options for its clients. The Company measures/assesses results and their impact and based on those assessments the Company provides advice to its clients on how to navigate societal market business communication and technology challenges.

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