Analyst Price Target Update on Robert Half International (NYSE:RHI)

Robert Half International (NYSE:RHI): The mean estimate for the short term price target for Robert Half International (NYSE:RHI) stands at $51.9 according to 10 Analysts. The higher price target estimate for the stock has been calculated at $66 while the lower price target estimate is at $40.

Many analysts have stated their opinion on the company shares. Equity analysts at the Brokerage firm Avondale Partners downgrades its rating on Robert Half International (NYSE:RHI). The rating major has initiated the coverage with market perform rating on the shares. Earlier, the shares were rated a Market Outperform by the brokerage firm. The Analysts at Avondale Partners raises the price target from $49 per share to $46 per share. The rating by the firm was issued on April 27, 2016. For the current week, the company shares have a recommendation consensus of Buy.

On the companys insider trading activities, Gentzkow Paul F, officer (President & COO) of Half Robert International Inc /De/, unloaded 151,250 shares at an average price of $55.98 on August 12, 2015. The total amount of the transaction was worth $8,466,975, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Robert Half International (NYSE:RHI) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.78 points or 1.95% at $39.2 with 1,215,843 shares getting traded. Post opening the session at $39.77, the shares hit an intraday low of $39.19 and an intraday high of $39.97 and the price was in this range throughout the day. The company has a market cap of $5,148 million and the number of outstanding shares have been calculated to be 131,318,597 shares. The 52-week high of Robert Half International (NYSE:RHI) is $58 and the 52-week low is $36.17.

Robert Half International Inc. is engaged in providing specialized staffing and risk consulting services. The Company provides staffing and risk consulting services through the divisions: Accountemps, Robert Half Finance & Accounting, OfficeTeam, Robert Half Technology, Robert Half Management Resources, Robert Half Legal, The Creative Group and Protiviti. The Company operates through three segments: temporary and consultant staffing, permanent placement staffing, and risk consulting and internal audit services. The temporary and consultant segment provides specialized staffing in the accounting and finance, administrative and office, information technology, legal, advertising, marketing and Web design fields. The permanent placement segment provides full-time personnel in the accounting, finance, administrative and office, and information technology fields. The risk consulting segment provides business and technology risk consulting and internal audit services.

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