Trueblue Inc (TBI) Receives a Rating Update from a Top Analyst


In a report released today, Jeffrey Silber from BMO Capital maintained a Hold rating on Trueblue Inc (TBI), with a price target of $24. The company’s shares closed on Friday at $22.14.

According to TipRanks.com, Silber is a top 25 analyst with an average return of 19.8% and a 73.8% success rate. Silber covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, American Public Education, and Strategic Education Inc.

The word on The Street in general, suggests a Hold analyst consensus rating for Trueblue Inc with a $26 average price target.

See today’s analyst top recommended stocks >>

Based on Trueblue Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $14.89 million. In comparison, last year the company had a net profit of $16.43 million.

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.

TrueBlue, Inc. provides workforce solutions, helping clients improve growth and performance by providing staffing, recruitment process outsourcing, and managed service provider solutions. The company operates through the following reportable segments: PeopleReady, PeopleManagement, and PeopleScout.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts