Wells Fargo analyst Edward Caso maintained a Buy rating on Booz Allen (BAH) yesterday. The company’s shares opened today at $62.80, close to its 52-week high of $63.68.
According to TipRanks.com, Caso is a 3-star analyst with an average return of 3.9% and a 62.2% success rate. Caso covers the Technology sector, focusing on stocks such as DXC Technology Company, Science Applications, and Caci International.
Currently, the analyst consensus on Booz Allen is a Strong Buy with an average price target of $68.40, representing an 8.9% upside. In a report released yesterday, Stifel Nicolaus also maintained a Buy rating on the stock with a $65 price target.
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Based on Booz Allen’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $131 million. In comparison, last year the company had a net profit of $84.92 million.
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Booz Allen Hamilton Holding Corp. engages in the provision of management and technology consulting services. It offers analytics, digital solutions, engineering, and cyber expertise. The company was founded by Edwin Booz in 1914 and is headquartered in McLean, VA.
