ICF International’s (ICFI) “Hold” Rating Reiterated at Canaccord Genuity Group

ICF International (NASDAQ:ICFI)‘s stock had its “hold” rating restated by Canaccord Genuity Group in a report released on Friday. They presently have a $100.00 target price on the business services provider’s stock, down from their previous target price of $200.00. Canaccord Genuity Group’s price objective would indicate a potential upside of 0.03% from the stock’s previous close.

ICFI has been the topic of several other research reports. StockNews.com downgraded ICF International from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 27th. Truist Financial cut their target price on shares of ICF International from $180.00 to $140.00 and set a “hold” rating on the stock in a research note on Friday, November 22nd. D. Boral Capital reiterated an “outperform” rating and issued a $174.00 price target on shares of ICF International in a research note on Monday, December 16th. Finally, Sidoti raised shares of ICF International from a “neutral” rating to a “buy” rating and set a $185.00 price objective on the stock in a research report on Tuesday, November 19th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $154.60.

ICF International Stock Performance

Shares of ICF International stock opened at $99.97 on Friday. The stock has a market capitalization of $1.88 billion, a price-to-earnings ratio of 17.57 and a beta of 0.56. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.21 and a quick ratio of 1.21. The business has a 50-day moving average of $116.83 and a 200 day moving average of $143.07. ICF International has a 12 month low of $97.92 and a 12 month high of $179.67.

Institutional Investors Weigh In On ICF International

Large investors have recently bought and sold shares of the stock. BNP Paribas Financial Markets increased its stake in ICF International by 411.7% in the fourth quarter. BNP Paribas Financial Markets now owns 90,226 shares of the business services provider’s stock valued at $10,756,000 after purchasing an additional 72,595 shares during the last quarter. Tudor Investment Corp ET AL grew its holdings in ICF International by 5,171.3% in the 4th quarter. Tudor Investment Corp ET AL now owns 73,904 shares of the business services provider’s stock valued at $8,810,000 after buying an additional 72,502 shares during the period. Marshall Wace LLP increased its stake in shares of ICF International by 2,331.0% during the 4th quarter. Marshall Wace LLP now owns 65,176 shares of the business services provider’s stock valued at $7,770,000 after acquiring an additional 62,495 shares during the last quarter. Pier Capital LLC purchased a new position in shares of ICF International during the 3rd quarter worth about $6,579,000. Finally, Hillsdale Investment Management Inc. boosted its position in shares of ICF International by 76,550.0% in the fourth quarter. Hillsdale Investment Management Inc. now owns 30,660 shares of the business services provider’s stock worth $3,655,000 after acquiring an additional 30,620 shares during the last quarter. Institutional investors and hedge funds own 94.12% of the company’s stock.

ICF International Company Profile

ICF International, Inc provides management, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. The company researches critical policy, industry, stakeholder issues, trends, and behaviors; measures and evaluates results and their impact; and provides strategic planning and advisory services to its clients on how to navigate societal, business, market, business, communication, and technology challenges.