Jefferies Maintains Booz Allen Hamilton Holding Corporation to Buy with Price Target $37.00

Brokerage firm Jefferies Maintains its rating on Booz Allen Hamilton Holding Corporation(NYSE:BAH). In a research note issued to the investors, the brokerage major Raises the price-target to $37.00 per share. The shares have been rated Buy. The rating by Jefferies was issued on Aug 1, 2016.

Booz Allen Hamilton Holding Corporation (BAH) shares turned negative on Mondays trading session with the shares closing down -0.15 points or -0.50% at a volume of 7,00,025. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $30.13. The peak price level was also seen at $30.13 while the days lowest was $29.81. Finally the shares closed at $29.93. The 52-week high of the shares is $31.5 while the 52-week low is $25.03. According to the latest information available, the market cap of the company is $4,446 M.

Booz Allen Hamilton Holding Corporation(BAH) last announced its earnings results on Jul 27, 2016 for Fiscal Year 2017 and Q1.Company reported revenue of $1.42B. Analysts had an estimated revenue of $1.40B. Earnings per share were $0.46. Analysts had estimated an EPS of $0.44.

Several Insider Transactions has been reported to the SEC. On Jul 29, 2016, Joseph Logue (Executive Vice President) sold 16,223 shares at $31.50 per share price.Also, On Jul 5, 2016, Susan L Penfield (Executive Vice President) purchased 28 shares at $29.53 per share price.On May 27, 2016, Kevin L Cook (EVP and CFO) sold 31,992 shares at $29.16 per share price, according to the Form-4 filing with the securities and exchange commission.

Booz Allen Hamilton Holding Corporation is a management consulting company. The Company provides management consulting technology and engineering services to the United States Government in the defense intelligence and civil markets. It also provides management and technology consulting services to major corporations institutions not-for-profit organizations and international clients. Its client base includes the cabinet-level departments of the United States Government clients in selected commercial markets and international clients. Major government clients include the Department of Defense all branches of the United States military the United States Intelligence Community and civil agencies such as the Department of Homeland Security the Department of Health and Human Services and the Department of the Treasury. In the commercial sector the Company serves the United States clients primarily in the financial services healthcare energy retail and automotive markets.

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