In a report released today, Kevin Steinke from Barrington maintained a Buy rating on Huron Consulting (HURN), with a price target of $57. The company’s shares closed yesterday at $48.58.
Steinke noted:
“We recently hosted investor meetings with Consulting Group. In this note, we discuss key takeaways from the meetings. Overall, we like the positioning of Huron. After a series of acquisitions, we believe the company now has the right set of solutions in place to address market demand. As a result, Huron is focused on an organic growth strategy going forward, which should drive solid margin expansion in 2019 and beyond. In addition, Huron is now positioned to use its strong free cash flow to reduce debt.”
According to TipRanks.com, Steinke is a 1-star analyst with an average return of -3.4% and a 43.1% success rate. Steinke covers the Services sector, focusing on stocks such as Cross Country Healthcare, Echo Global Logistics, and Heidrick & Struggles.
Currently, the analyst consensus on Huron Consulting is a Moderate Buy with an average price target of $58.50.
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Huron Consulting’s market cap is currently $1.1B and has a P/E ratio of 79.04. The company has a Price to Book ratio of 2.03.
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Huron Consulting Group, Inc. engages in the provision of operational and financial consulting services. It operates through the following business segments: Healthcare, Business Advisory, and Education.
