Noble Financial Thinks DLH Holdings’ Stock is Going to Recover


Noble Financial analyst Joe Gomes reiterated a Buy rating on DLH Holdings (DLHC) on December 14 and set a price target of $8.25. The company’s shares closed on Friday at $4.72, close to its 52-week low of $4.50.

According to TipRanks.com, Gomes is ranked #4040 out of 5105 analysts.

Currently, the analyst consensus on DLH Holdings is a Moderate Buy with an average price target of $7.63, a 61.7% upside from current levels. In a report issued on December 14, Canaccord Genuity also maintained a Buy rating on the stock with a $7 price target.

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DLH Holdings’ market cap is currently $56.17M and has a P/E ratio of 39.33. The company has a Price to Book ratio of 1.42.

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DLH Holdings Corp. engages in the provision of professional healthcare and social services to government agencies. It operates through its legal entities DLH Solutions, Inc. and Danya International LLC. DLH Solutions provides healthcare, logistics and technical support services in various areas, including MRI, radiologic, surgical and general, and medical laboratory technologies. Danya International provides technology-enabled program management, consulting, and digital communications solutions to federal government and other customers. The company was founded in 1969 and is headquartered in Atlanta, GA.

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