SunTrust Robinson Upgrades ManTech to Buy


ManTech (NASDAQ: MANT) received a Buy rating and a $66 price target from SunTrust Robinson analyst Tobey Sommer today. The company’s shares closed yesterday at $55.14.

According to TipRanks.com, Sommer is a 5-star analyst with an average return of 19.3% and a 70.4% success rate. Sommer covers the Services sector, focusing on stocks such as AMN Healthcare Services Inc, Korn/Ferry International, and Heidrick & Struggles.

Currently, the analyst consensus on ManTech is a Moderate Buy with an average price target of $65.50.

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ManTech’s market cap is currently $2.18B and has a P/E ratio of 18.25. The company has a Price to Book ratio of 1.60.

Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is negative on the stock.

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.

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.

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