Robert Half (RHI) Gets a Buy from J.P. Morgan

J.P. Morgan analyst Andrew Steinerman maintained a Buy rating on Robert Half (RHIResearch Report) yesterday and set a price target of $89.00. The company’s shares closed yesterday at $73.15.

Steinerman covers the Services sector, focusing on stocks such as ManpowerGroup, Equifax, and Resources Connection. According to TipRanks, Steinerman has an average return of 8.2% and a 54.24% success rate on recommended stocks.

Currently, the analyst consensus on Robert Half is a Hold with an average price target of $86.14.

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RHI market cap is currently $8.01B and has a P/E ratio of 11.86.

Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RHI in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Robert Half International, Inc. engages in the provision of staffing and risk consulting services. It operates through the following segments: Temporary and Consultant Staffing, Permanent Placement Staffing and Risk Consulting & Internal Audit Services. The Temporary and Consultant Staffing segment offers staffing in the accounting and finance, administrative and office, information technology, legal, advertising, marketing, and web design fields. The Permanent Placement Staffing segment provides full-time personnel in the accounting, finance, administrative & office and information technology fields. The Risk Consulting and Internal Audit Services segment comprises business and technology risk consulting and internal audit services. The company was founded by Robert Half in 1948 and is headquartered in Menlo Park, CA.

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