Cowen & Co. Believes Booz Allen (BAH) Still Has Room to Grow


In a report released today, Cai Rumohr from Cowen & Co. maintained a Buy rating on Booz Allen (BAH), with a price target of $62.50. The company’s shares closed on Friday at $62.36, close to its 52-week high of $62.65.

According to TipRanks.com, Rumohr is a 5-star analyst with an average return of 13.7% and a 70.0% success rate. Rumohr covers the Consumer Goods sector, focusing on stocks such as American Outdoor Brands Corp, General Dynamics Corp, and L3 Technologies Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Booz Allen with a $72 average price target.

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Booz Allen’s market cap is currently $8.79B and has a P/E ratio of 21.83. The company has a Price to Book ratio of 13.02.

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Booz Allen Hamilton Holding Corp. engages in the provision of management and technology consulting services. It offers analytics, digital solutions, engineering, and cyber expertise. The company was founded by Edwin Booz in 1914 and is headquartered in McLean, VA.

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