Barrington Sticks to Their Buy Rating for PRGX Global (PRGX)
Barrington analyst Alexander Paris reiterated a Buy rating on PRGX Global (PRGX) today and set a price target of $7.00. The company’s shares closed last Monday at $4.37, close to its 52-week low of $3.78.
According to TipRanks.com, Paris is ranked 0 out of 5 stars with an average return of -2.8% and a 38.5% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education, Franklin Covey Company, and Grand Canyon Education.
Currently, the analyst consensus on PRGX Global is a Moderate Buy with an average price target of $7.13, a 67.4% upside from current levels. In a report issued on February 20, B.Riley FBR also maintained a Buy rating on the stock with a $7.25 price target.
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The company has a one-year high of $9.64 and a one-year low of $3.78. Currently, PRGX Global has an average volume of 58.37K.
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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.