Cowen & Co. analyst Gautam Khanna maintained a Buy rating on ManTech (MANT) today and set a price target of $73. The company’s shares opened today at $71.04, close to its 52-week high of $71.90.
According to TipRanks.com, Khanna is a 5-star analyst with an average return of 13.1% and a 69.5% success rate. Khanna covers the Consumer Goods sector, focusing on stocks such as L3Harris Technologies Inc, Transdigm Group Inc, and Huntington Ingalls.
ManTech has an analyst consensus of Moderate Buy, with a price target consensus of $70.33, representing a -1.0% downside. In a report released yesterday, SunTrust Robinson also maintained a Buy rating on the stock with a $77 price target.
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Based on ManTech’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $24.21 million. In comparison, last year the company had a net profit of $19.92 million.
Based on the recent corporate insider activity of 22 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.
