SunTrust Robinson analyst Tobey Sommer reiterated a Buy rating on ManTech (NASDAQ: MANT) yesterday and set a price target of $70. The company’s shares opened today at $61.50, close to its 52-week high of $64.90.
According to TipRanks.com, Sommer is a 5-star analyst with an average return of 20.2% and a 74.2% success rate. Sommer covers the Services sector, focusing on stocks such as Korn/Ferry International, Heidrick & Struggles, and Icf International.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ManTech with a $66.67 average price target, an 8.4% upside from current levels. In a report released today, Cowen & Co. also maintained a Buy rating on the stock with a $65 price target.
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ManTech’s market cap is currently $2.39B and has a P/E ratio of 19.99. The company has a Price to Book ratio of 1.76.
Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is negative on the stock.
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ManTech International Corp. engages in the provision of information technology and technical services solutions. It also offers cyber security, software and systems development, enterprise information technology, multi-disciplined intelligence, program protection and mission assurance, system engineering, test and evaluation, command, control, communications, computers, intelligence, training, supply chain, and management consulting. The company was founded by George J. Pedersen in 1968 and is headquartered in Herndon, VA.
