Korn Ferry (NYSE:KFY - Get Rating) had its price objective cut by equities research analysts at Robert W. Baird from $90.00 to $72.00 in a note issued to investors on Thursday, The Fly reports. Robert W. Baird's price target would indicate a potential upside of 27.14% from the company's current price.
KFY has been the topic of a number of other reports. Truist Financial decreased their target price on Korn Ferry from $98.00 to $75.00 and set a "buy" rating on the stock in a report on Friday, June 17th. The Goldman Sachs Group decreased their target price on Korn Ferry from $83.00 to $74.00 and set a "buy" rating on the stock in a report on Tuesday, June 7th. Finally, StockNews.com upgraded Korn Ferry from a "buy" rating to a "strong-buy" rating in a report on Thursday, May 12th. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $71.50.
Shares of KFY stock opened at $56.63 on Thursday. Korn Ferry has a 1 year low of $51.08 and a 1 year high of $84.68. The stock has a market cap of $3.05 billion, a PE ratio of 10.30 and a beta of 1.44. The business's fifty day moving average is $60.26 and its 200-day moving average is $65.87. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.96 and a current ratio of 1.96.
Hedge funds have recently modified their holdings of the company. Schroder Investment Management Group purchased a new position in shares of Korn Ferry during the fourth quarter valued at $25,000. HM Payson & Co. acquired a new stake in Korn Ferry during the third quarter valued at $36,000. First Horizon Advisors Inc. boosted its position in Korn Ferry by 444.1% during the fourth quarter. First Horizon Advisors Inc. now owns 642 shares of the business services provider's stock valued at $49,000 after purchasing an additional 524 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its position in Korn Ferry by 221.0% during the first 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 last quarter. Finally, UMB Bank N A MO acquired a new stake in Korn Ferry during the fourth quarter valued at $53,000. 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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