ICF International (ICFI) Upgraded to Buy by ValuEngine

ValuEngine upgraded shares of ICF International (NASDAQ:ICFI) from a hold rating to a buy rating in a research note released on Thursday morning.

A number of other analysts have also issued reports on the stock. BidaskClub lowered shares of ICF International from a buy rating to a hold rating in a research note on Thursday, December 7th. Noble Financial reaffirmed a hold rating on shares of ICF International in a report on Tuesday, November 7th. Wells Fargo & Co upped their price target on ICF International from $54.00 to $58.00 and gave the company a market perform rating in a report on Wednesday, October 25th. Finally, Zacks Investment Research raised ICF International from a hold rating to a buy rating and set a $60.00 price objective for the company in a report on Wednesday, January 10th. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of $58.50.

Shares of ICF International (NASDAQ:ICFI) traded up $0.90 during trading hours on Thursday, reaching $52.70. 35,313 shares of the company’s stock were exchanged, compared to its average volume of 72,343. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.57 and a quick ratio of 1.57. The stock has a market capitalization of $983.39, a price-to-earnings ratio of 20.56, a PEG ratio of 1.60 and a beta of 0.87. ICF International has a one year low of $40.20 and a one year high of $56.55.

Hedge funds have recently bought and sold shares of the company. Eqis Capital Management Inc. acquired a new stake in shares of ICF International in the third quarter valued at approximately $214,000. First Quadrant L P CA boosted its stake in ICF International by 23.2% in the 3rd quarter. First Quadrant L P CA now owns 13,201 shares of the business services provider’s stock worth $712,000 after buying an additional 2,483 shares during the last quarter. California Public Employees Retirement System boosted its stake in ICF International by 28.3% in the 2nd quarter. California Public Employees Retirement System now owns 27,200 shares of the business services provider’s stock worth $1,281,000 after buying an additional 6,000 shares during the last quarter. Teachers Advisors LLC boosted its stake in ICF International by 6.3% in the 2nd quarter. Teachers Advisors LLC now owns 32,729 shares of the business services provider’s stock worth $1,542,000 after buying an additional 1,946 shares during the last quarter. Finally, Nationwide Fund Advisors boosted its stake in ICF International by 41.8% in the 3rd quarter. Nationwide Fund Advisors now owns 36,703 shares of the business services provider’s stock worth $1,980,000 after buying an additional 10,825 shares during the last quarter. 92.28% of the stock is owned by institutional investors and hedge funds.

COPYRIGHT VIOLATION WARNING: “ICF International (ICFI) Upgraded to Buy by ValuEngine” was reported by Community Financial News and is the property of of Community Financial News. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of international trademark & copyright laws. The original version of this news story can be read at https://www.com-unik.info/2018/02/09/icf-international-icfi-upgraded-to-buy-by-valuengine.html.

ICF International Company Profile

ICF International, Inc provides professional services and technology-based solutions to government and commercial clients, including management, technology, and policy consulting and implementation services. The Company’s services address four markets: energy, environment and infrastructure; health, education and social programs; safety and security, and consumer and financial.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for ICF International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ICF International and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit