Brokerages Set Booz Allen Hamilton Holding Corporation (NYSE:BAH) Price Target at $94.17

Booz Allen Hamilton Holding Corporation (NYSE:BAH) has been given a consensus recommendation of “Reduce” by the fifteen ratings firms that are presently covering the company, Marketbeat reports. Four research analysts have rated the stock with a sell rating, ten have given a hold rating and one has given a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $94.1667.

BAH has been the subject of a number of research analyst reports. UBS Group reaffirmed a “neutral” rating and issued a $97.00 price target on shares of Booz Allen Hamilton in a report on Tuesday, January 27th. DA Davidson set a $81.00 price objective on Booz Allen Hamilton in a research note on Tuesday, January 27th. Wells Fargo & Company assumed coverage on Booz Allen Hamilton in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $85.00 price objective for the company. Truist Financial reduced their price objective on Booz Allen Hamilton from $98.00 to $85.00 and set a “hold” rating for the company in a research note on Monday, April 20th. Finally, William Blair reiterated an “outperform” rating on shares of Booz Allen Hamilton in a research note on Tuesday, March 3rd.

Institutional Investors Weigh In On Booz Allen Hamilton

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Greenleaf Trust lifted its stake in Booz Allen Hamilton by 5.2% in the third quarter. Greenleaf Trust now owns 2,082 shares of the business services provider’s stock valued at $208,000 after buying an additional 102 shares during the last quarter. KPP Advisory Services LLC lifted its stake in Booz Allen Hamilton by 2.5% in the third quarter. KPP Advisory Services LLC now owns 5,119 shares of the business services provider’s stock valued at $512,000 after buying an additional 123 shares during the last quarter. Johnson Financial Group Inc. lifted its stake in Booz Allen Hamilton by 26.1% in the third quarter. Johnson Financial Group Inc. now owns 600 shares of the business services provider’s stock valued at $60,000 after buying an additional 124 shares during the last quarter. Campbell & CO Investment Adviser LLC raised its stake in shares of Booz Allen Hamilton by 2.8% during the fourth quarter. Campbell & CO Investment Adviser LLC now owns 4,916 shares of the business services provider’s stock worth $415,000 after purchasing an additional 133 shares during the last quarter. Finally, Ipsen Advisor Group LLC raised its stake in shares of Booz Allen Hamilton by 3.4% during the third quarter. Ipsen Advisor Group LLC now owns 4,244 shares of the business services provider’s stock worth $424,000 after purchasing an additional 138 shares during the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

Shares of Booz Allen Hamilton stock opened at $76.23 on Friday. Booz Allen Hamilton has a one year low of $73.93 and a one year high of $130.91. The company has a market cap of $9.19 billion, a PE ratio of 11.33, a P/E/G ratio of 4.49 and a beta of 0.32. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.81 and a current ratio of 1.81. The business has a 50-day simple moving average of $79.23 and a 200-day simple moving average of $84.75.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.

Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.