Korn/Ferry International (NYSE:KFY) : Zacks Investment Research ranks Korn/Ferry International (NYSE:KFY) as 5, which is a Strong Sell recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 2.2, which indicates as a Buy.
Korn/Ferry International (NYSE:KFY) stock is expected to deviate a maximum of $5.48 from the average target price of $33 for the short term period. 4 Street Experts have initiated coverage on the stock with the most promising target being $40 and the most muted being $27.
Company shares have received an average consensus rating of Hold for the current week Also, In the latest statement by the brokerage house, Baird downgrades its outlook on Korn/Ferry International (NYSE:KFY). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm lowers the price target at $27 per share. The rating by the firm was issued on June 16, 2016.
Korn/Ferry International (NYSE:KFY): stock turned positive on Tuesday. Though the stock opened at $19.29, the bulls momentum made the stock top out at $19.29 level for the day. The stock recorded a low of $18.7787 and closed the trading day at $19.03, in the green by 1.06%. The total traded volume for the day was 1,027,039. The stock had closed at $18.83 in the previous days trading.
In an insider trading activity, Burnison Gary D, CEO of Korn Ferry International had purchased 4,000 shares on June 20, 2016 in a transaction. The price per share was $22.45 and the total amount of the disclosed transaction was $89,800.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
Korn/Ferry International offers leadership and talent consulting services. The Company provides executive recruitment, leadership development, enterprise learning, succession planning and recruitment process outsourcing. Its business segments include Executive Recruitment, Leadership & Talent Consulting (LTC), and Professional Search and Recruitment Process Outsourcing (Futurestep). Its executive recruitment services are used to fill executive-level positions, such as board directors, chief executive officers, chief financial officers, chief operating officers, chief information officers and other senior executive officers. Its strategic management assessment and executive coaching and development services are consolidated under the LTC segment. Its subsidiary, Futurestep, offers talent acquisition solutions, including recruitment process outsourcing, project recruitment, professional search, talent consulting and talent communications. It operates in around 37 countries.