Jefferies Reaffirms Their Buy Rating on Booz Allen (BAH)

In a report released yesterday, Sheila Kahyaoglu from Jefferies maintained a Buy rating on Booz Allen (BAHResearch Report), with a price target of $110.00. The company’s shares closed last Friday at $92.73.

Kahyaoglu covers the Technology sector, focusing on stocks such as Boeing, L3Harris Technologies, and Lockheed Martin. According to TipRanks, Kahyaoglu has an average return of 5.7% and a 60.00% success rate on recommended stocks.

Currently, the analyst consensus on Booz Allen is a Moderate Buy with an average price target of $112.57, implying a 21.40% upside from current levels. In a report released today, Cowen & Co. also reiterated a Buy rating on the stock with a $123.00 price target.

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BAH market cap is currently $12.27B and has a P/E ratio of 28.81.

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Booz Allen Hamilton Holding Corp. engages in the provision of management and technology consulting services. It offers analytics, digital solutions, engineering, and cyber expertise. The company was founded by Edwin Booz in 1914 and is headquartered in McLean, VA.

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