In a report released today, Vincent Colicchio from Barrington maintained a Buy rating on The Hackett Group (HCKT), with a price target of $22. The company’s shares opened today at $16.03, close to its 52-week low of $15.16.
Colicchio said:
“We have an OUTPERFORM investment rating on HCKT shares and our 12‐month price target is $22, which is based on 20x our 2019 non‐GAAP EPS forecast of $1.09.”
According to TipRanks.com, Colicchio has 0 stars on 0-5 star ranking scale with an average return of -7.4% and a 39.8% success rate. Colicchio covers the Technology sector, focusing on stocks such as Sykes Enterprises Inc, Exlservice Holdings, and Computer Task.
Currently, the analyst consensus on The Hackett Group is a Moderate Buy with an average price target of $22.
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The company has a one-year high of $22.84 and a one-year low of $15.16. Currently, The Hackett Group has an average volume of 139.6K.
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The Hackett Group, Inc. is an intellectual property-based strategic consultancy and enterprise company, which engages in the provision of business and technology consulting services. The firm offers services include benchmarking, executive advisory, business transformation, enterprise performance management, training, and advisory to global business services.
