Analyst Rating Update on Robert Half International (RHI)

Robert Half International (NYSE:RHI) : The consensus on Robert Half International (NYSE:RHI) based on 12 analyst recommendation on the company stock is 2.08, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 6 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Robert Half International (NYSE:RHI) : 10 investment research analysts covering Robert Half International (NYSE:RHI) have an average price target of $51.9 for the near short term. The highest target price given by the Brokerage Firm to the stock is $66 and the lowest target is $40 for the short term. Analysts expect the variance to be within $6.77 of the average price.

For the current week, the company shares have a recommendation consensus of Buy. Also, In the latest statement by the brokerage house, Avondale Partners downgrades its outlook on Robert Half International (NYSE:RHI). The current rating of the shares is Market Perform, according to the research report released by the firm. Previously, the company had a rating of Market Outperform. The brokerage firm raises the price target from $49 per share to $46 per share. The rating by the firm was issued on April 27, 2016.

Robert Half International (NYSE:RHI): stock turned positive on Tuesday. Though the stock opened at $35.12, the bulls momentum made the stock top out at $35.72 level for the day. The stock recorded a low of $34.93 and closed the trading day at $35.42, in the green by 2.46%. The total traded volume for the day was 1,989,509. The stock had closed at $34.57 in the previous days trading.

In an insider trading activity, 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 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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *