The Goldman Sachs Group Reiterates Neutral Rating for Booz Allen Hamilton (NYSE:BAH)

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Booz Allen Hamilton (NYSE:BAH – Get Free Report)‘s stock had its “neutral” rating reiterated by analysts at The Goldman Sachs Group in a research report issued to clients and investors on Friday, MarketBeat reports. They presently have a $109.00 price objective on the business services provider’s stock, down from their previous price objective of $150.00. [...]

Booz Allen Hamilton (NYSE:BAH – Get Free Report)‘s stock had its “neutral” rating reiterated by analysts at The Goldman Sachs Group in a research report issued to clients and investors on Friday, MarketBeat reports. They presently have a $109.00 price objective on the business services provider’s stock, down from their previous price objective of $150.

00. The Goldman Sachs Group’s price target would indicate a potential upside of 0.53% from the stock’s previous close.



Other equities research analysts also recently issued reports about the company. Cantor Fitzgerald upgraded Booz Allen Hamilton to a “strong-buy” rating in a report on Tuesday, February 25th. Raymond James raised Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.

00 target price for the company in a research report on Monday, February 3rd. JPMorgan Chase & Co. dropped their price target on Booz Allen Hamilton from $142.

00 to $140.00 and set an “underweight” rating on the stock in a research note on Monday, February 3rd. TD Cowen reduced their price objective on Booz Allen Hamilton from $200.

00 to $155.00 and set a “buy” rating for the company in a research note on Wednesday, January 8th. Finally, William Blair lowered Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st.

One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $152.

36.Read Our Latest Stock Analysis on Booz Allen HamiltonBooz Allen Hamilton Stock Down 0.4 %Shares of BAH opened at $108.

42 on Friday. The company has a market capitalization of $13.73 billion, a PE ratio of 16.

16, a PEG ratio of 1.25 and a beta of 0.58.

The stock’s 50-day moving average price is $112.29 and its two-hundred day moving average price is $136.39.

The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.

72. Booz Allen Hamilton has a 12 month low of $101.05 and a 12 month high of $190.

59. Booz Allen Hamilton (NYSE:BAH – Get Free Report) last announced its earnings results on Friday, January 31st. The business services provider reported $1.

55 EPS for the quarter, beating the consensus estimate of $1.48 by $0.07.

Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%.

On average, analysts anticipate that Booz Allen Hamilton will post 6.44 EPS for the current year. Institutional Inflows and OutflowsHedge funds and other institutional investors have recently added to or reduced their stakes in the stock.

GW&K Investment Management LLC lifted its stake in Booz Allen Hamilton by 0.7% in the fourth quarter. GW&K Investment Management LLC now owns 461,517 shares of the business services provider’s stock valued at $59,397,000 after purchasing an additional 3,435 shares during the last quarter.

Versor Investments LP bought a new position in shares of Booz Allen Hamilton during the 4th quarter worth $933,000. Bridges Investment Management Inc. increased its holdings in Booz Allen Hamilton by 19.

2% in the 4th quarter. Bridges Investment Management Inc. now owns 117,661 shares of the business services provider’s stock worth $15,143,000 after acquiring an additional 18,930 shares during the last quarter.

Cumberland Partners Ltd increased its holdings in Booz Allen Hamilton by 92.2% in the 4th quarter. Cumberland Partners Ltd now owns 99,330 shares of the business services provider’s stock worth $12,784,000 after acquiring an additional 47,655 shares during the last quarter.

Finally, Van ECK Associates Corp raised its stake in Booz Allen Hamilton by 51.7% in the 4th quarter. Van ECK Associates Corp now owns 951,605 shares of the business services provider’s stock valued at $122,472,000 after acquiring an additional 324,159 shares during the period.

91.82% of the stock is currently owned by hedge funds and other institutional investors. About Booz Allen Hamilton (Get Free Report)Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally.

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