B.Riley FBR Keeps a Buy Rating on PRGX Global

In a report released today, Kevin Liu from B.Riley FBR maintained a Buy rating on PRGX Global (NASDAQ: PRGX), with a price target of $12. The company’s shares opened today at $9.85, close to its 52-week high of $10.30.

According to TipRanks.com, Liu is a 5-star analyst with an average return of 13.4% and a 64.7% success rate. Liu covers the Technology sector, focusing on stocks such as Cornerstone Ondemand, Tyler Technologies, and American Software.

Currently, the analyst consensus on PRGX Global is Moderate Buy and the average price target is $12, representing a 21.8% upside.

In a report issued on April 27, Barrington also maintained a Buy rating on the stock.

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The company has a one-year high of $10.30 and a one-year low of $5.40. Currently, PRGX Global has an average volume of 73.98K.

Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is negative on the stock. Most recently, in March 2018, Victor Allums, the SVP & GC of PRGX sold 38,698 shares for a total of $347,088.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

PRGX Global, Inc. is a business analytics and information services company. It operates through three reportable segments: Recovery Audit Services-Americas, Recovery Audit Services-Europe/Asia-Pacific, and Adjacent Services. The Recovery Audit Services -Americas segment provides recovery audit services in U.S., Canada and Latin America.