PRGX Global (PRGX) Receives a Buy from Barrington


In a report released today, Alexander Paris from Barrington reiterated a Buy rating on PRGX Global (NASDAQ: PRGX), with a price target of $13. The company’s shares opened today at $8.47.

Paris said:

“We recently held investor meetings in of PRG X G l obal , Inc. Our key takeaways are below.”

According to TipRanks.com, Paris is a 4-star analyst with an average return of 4.6% and a 43.5% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, American Public Education, and Grand Canyon Education.

PRGX Global has an analyst consensus of Moderate Buy, with a price target consensus of $12.50.

See today’s analyst top recommended stocks >>

PRGX Global’s market cap is currently $196M and has a P/E ratio of 305.86. The company has a Price to Book ratio of 3.39.

Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PRGX in relation to earlier this year.

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 following 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.

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