Deutsche Bank Initiates Coverage on Robert Half International to Buy

Deutsche Bank Initiates Coverage on Robert Half International(NYSE:RHI). The shares have been rated Buy. The rating by Deutsche Bank was issued on Aug 18, 2016.

In a different note, On Jul 27, 2016, BMO Capital said it Downgrades its rating on Robert Half International. The shares have been rated ‘Market Perform’ by the firm. On Jul 13, 2016, Bank of America said it Downgrades its rating on Robert Half International. The shares have been rated ‘Neutral’ by the firm.

Robert Half International (RHI) made into the market gainers list on Mondays trading session with the shares advancing 0.03% or 0.01 points. Due to strong positive momentum, the stock ended at $38.35, which is also near the day’s high of $38.71. The stock began the session at $38.5 and the volume stood at 8,31,744 shares. The 52-week high of the shares is $54.01 and the 52 week low is $34.34. The company has a current market capitalization of $4,991 M and it has 13,01,40,189 shares in outstanding.

Robert Half International(RHI) last announced its earnings results on Jul 26, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $1.34B. Analysts had an estimated revenue of $0.73. Earnings per share were $0.71. Analysts had estimated an EPS of $0.73.

Several Insider Transactions has been reported to the SEC. On Aug 11, 2016, Robert W Glass (Executive Vice President) sold 30,061 shares at $36.92 per share price.Also, On Aug 14, 2015, Paul F Gentzkow (President & COO) sold 151,250 shares at $55.98 per share price.On Feb 24, 2015, Harold M Jr Messmer (Chairman & CEO) sold 100,000 shares at $61.21 per share price, according to the Form-4 filing with the securities and exchange commission.

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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