The shares of RHI saw their price objective get increased by the analysts that have been working for Robert W. Baird. The price target went all the way from $66 to $102, published in a report that was sent out on Monday. According to reports, the firm has a rating of outperform on its stocks, and the price target set by the brokerage indicates an annual growth rate of about 63.25%.
The Quarterly Earnings Of RHI
There have been quite a few research analysts that have been involved in the stocks of RHI. BMO Capital Markets has already increased the rating of the company from market perform to outperform, whilst increasing the price objective of the company from $58 to $71, in a November 23rd research report. The Royal Bank of Canada has also increased the price target of the company from $54 to $58 while giving the company a rating of sector performance in a research report that was published on the 23rd of October. In the end, Credit Suisse Group also joined in the fray, with them cutting the ratings of RHI from neutral to underperform, with a price objective of $50 on the stock.
Three of the investment analysts working on the stocks of RHI have given the stocks a rating of sell, while four of them have given it a rating of hold. Four other analysts have given the company a rating of buy. RHI currently has a rating of Hold and a price target of $63.11.
The stocks of RHI traded at $62.48 last Monday. The moving average of the firm over a course of 50-days is $63.72, with the two hundred day average ranging itself at $55.99. The year low for the firm is $32.38, with the price high fixed at $67.23. The market cap of the firm is $7.12 billion, with a PE ratio of 19,59, and a beta of 1.53.
