Analyst Rating Update on Robert Half International (RHI)

Robert Half International (RHI) : 12 analysts are covering Robert Half International (RHI) and their average rating on the stock is 2.5, which is read as a Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 5, which recommends a Strong Sell affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 7 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Robert Half International (RHI) : 11 Wall Street analysts covering Robert Half International (RHI) believe that the average level the stock could reach for the short term is $45.09. The maximum price target given is $66 and the minimum target for short term is around $35, hence the standard deviation is calculated at $9.02.

Company shares have received an average consensus rating of Hold for the current week


Robert Half International (NYSE:RHI): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $36.37 and $36.34 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $36.94. The buying momentum continued till the end and the stock did not give up its gains. It closed at $36.81, notching a gain of 0.88% for the day. The total traded volume was 785,286 . The stock had closed at $36.49 on the previous day.

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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