ICF International (NASDAQ:ICFI) Price Target Lowered to $85.00 at Truist Financial

ICF International (NASDAQ:ICFI - Get Free Report) had its price objective reduced by stock analysts at Truist Financial from $97.00 to $85.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has a "hold" rating on the business services provider's stock. Truist Financial's price objective indicates a potential upside of 2.43% from the company's current price.

Several other equities analysts have also weighed in on the stock. Canaccord Genuity Group reaffirmed a "hold" rating and set a $100.00 target price (down from $200.00) on shares of ICF International in a report on Friday, February 28th. StockNews.com upgraded ICF International from a "hold" rating to a "buy" rating in a research note on Saturday, March 29th. Barrington Research dropped their target price on shares of ICF International from $174.00 to $102.00 and set an "outperform" rating for the company in a report on Monday, March 3rd. Finally, D. Boral Capital restated an "outperform" rating and set a $174.00 price target on shares of ICF International in a research report on Monday, December 16th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $129.20.

ICF International Stock Performance

NASDAQ:ICFI traded up $0.19 during mid-day trading on Monday, hitting $82.98. The company's stock had a trading volume of 231,015 shares, compared to its average volume of 181,340. The business's fifty day moving average is $88.67 and its two-hundred day moving average is $122.38. The stock has a market cap of $1.53 billion, a price-to-earnings ratio of 14.58 and a beta of 0.49. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.21 and a quick ratio of 1.21. ICF International has a 1 year low of $75.91 and a 1 year high of $179.67.

Institutional Trading of ICF International

Several hedge funds have recently made changes to their positions in ICFI. SG Americas Securities LLC raised its position in shares of ICF International by 44.4% during the 4th quarter. SG Americas Securities LLC now owns 1,103 shares of the business services provider's stock valued at $131,000 after buying an additional 339 shares during the period. BI Asset Management Fondsmaeglerselskab A S acquired a new position in shares of ICF International in the 4th quarter valued at $149,000. Cibc World Markets Corp acquired a new position in shares of ICF International in the 4th quarter valued at $208,000. Ethic Inc. purchased a new position in shares of ICF International during the 4th quarter worth $292,000. Finally, Millstone Evans Group LLC acquired a new stake in shares of ICF International during the 4th quarter worth about $447,000. Hedge funds and other institutional investors own 94.12% of the company's stock.

About ICF International

ICF International, Inc provides management, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. The company researches critical policy, industry, stakeholder issues, trends, and behaviors; measures and evaluates results and their impact; and provides strategic planning and advisory services to its clients on how to navigate societal, business, market, business, communication, and technology challenges.