Korn Ferry (NYSE:KFY – Get Rating) had its target price decreased by investment analysts at Truist Financial from $98.00 to $75.00 in a report released on Friday, The Fly reports. Truist Financial’s target price would suggest a potential upside of 44.09% from the stock’s previous close.
Several other equities analysts have also commented on the company. Robert W. Baird decreased their price target on Korn Ferry from $106.00 to $90.00 in a research note on Thursday, March 10th. StockNews.com raised Korn Ferry from a “buy” rating to a “strong-buy” rating in a research note on Thursday, May 12th. Finally, The Goldman Sachs Group cut their price objective on Korn Ferry from $83.00 to $74.00 and set a “buy” rating on the stock in a report on Tuesday, June 7th.
Shares of Korn Ferry stock opened at $52.05 on Friday. Korn Ferry has a 52 week low of $51.50 and a 52 week high of $84.68. The business’s fifty day simple moving average is $61.19 and its 200-day simple moving average is $66.38. The firm has a market cap of $2.81 billion, a PE ratio of 9.46 and a beta of 1.44. The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt-to-equity ratio of 0.26.
Several institutional investors and hedge funds have recently added to or reduced their stakes in KFY. Schroder Investment Management Group acquired a new stake in shares of Korn Ferry in the 4th quarter valued at about $25,000. Liberty Wealth Management LLC boosted its position in shares of Korn Ferry by 100.0% in the 3rd quarter. Liberty Wealth Management LLC now owns 364 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 182 shares during the period. HM Payson & Co. acquired a new stake in shares of Korn Ferry in the 3rd quarter valued at about $36,000. Steward Partners Investment Advisory LLC boosted its position in shares of Korn Ferry by 221.0% in the 1st quarter. Steward Partners Investment Advisory LLC now owns 642 shares of the business services provider’s stock valued at $42,000 after purchasing an additional 442 shares during the period. Finally, Advisors Asset Management Inc. boosted its position in shares of Korn Ferry by 99.7% in the 4th quarter. Advisors Asset Management Inc. now owns 609 shares of the business services provider’s stock valued at $46,000 after purchasing an additional 304 shares during the period. Institutional investors and hedge funds own 95.75% of the company’s stock.
About Korn Ferry (Get Rating)
Korn Ferry, together with its subsidiaries, provides organizational consulting services worldwide. It operates through four segments: Consulting, Digital, Executive Search, and RPO (Recruitment Process Outsourcing) & Professional Search. The company provides executive search services to fill executive-level positions, such as board directors, chief executive officers, chief financial officers, chief operating officers, chief information officers, chief human resource officers, and other senior executive officers for clients in the industrial, financial services, life sciences/healthcare provider, consumer, technology, and educational/not-for-profit market sectors.
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Source: defenseworld.net
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