Robert Half International (RHI) : Analyst Rating Update

Robert Half International (RHI) : The consensus on Robert Half International (RHI) based on 12 analyst recommendation on the company stock is 2.08, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 6 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Robert Half International (RHI) : Average target price received by Robert Half International (RHI) is $51.9 with an expected standard deviation of $6.77. The most aggressive target on the stock is $66, whereas the most downbeat target is $40. 10 financial analysts are currently covering the stock.

Robert Half International (NYSE:RHI): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $36.90 and $36.71 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $37.49. The buying momentum continued till the end and the stock did not give up its gains. It closed at $37.34, notching a gain of 1.11% for the day. The total traded volume was 960,259 . The stock had closed at $36.93 on the previous day.

Also, Avondale Partners downgrades their rating on the shares of Robert Half International (NYSE:RHI). The current rating of the shares is Market Perform. Earlier, the shares were rated a Market Outperform by the brokerage firm. Equity Analysts at the Firm raises the price target to $46 per share from $49 per share. The rating by the firm was issued on April 27, 2016. The company shares have dropped -32.73% from its 1 Year high price. On Aug 18, 2015, the shares registered one year high at $58.00 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $39.33 and the 200 Day Moving Average price is recorded at $41.64.

Robert Half International Inc. is engaged in providing specialized staffing and risk consulting services. The Company provides staffing and risk consulting services through the divisions: Accountemps, Robert Half Finance & Accounting, OfficeTeam, Robert Half Technology, Robert Half Management Resources, Robert Half Legal, The Creative Group and Protiviti. The Company operates through three segments: temporary and consultant staffing, permanent placement staffing, and risk consulting and internal audit services. The temporary and consultant segment provides specialized staffing in the accounting and finance, administrative and office, information technology, legal, advertising, marketing and Web design fields. The permanent placement segment provides full-time personnel in the accounting, finance, administrative and office, and information technology fields. The risk consulting segment provides business and technology risk consulting and internal audit services.

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