StockNews.com Upgrades ICF International (NASDAQ:ICFI) to “Buy”

ICF International (NASDAQ:ICFI) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a report issued on Saturday.

Other equities analysts have also issued reports about the stock. Canaccord Genuity Group restated a “hold” rating and set a $100.00 target price (down from $200.00) on shares of ICF International in a research report on Friday, February 28th. D. Boral Capital reaffirmed an “outperform” rating and set a $174.00 price target on shares of ICF International in a research note on Monday, December 16th. Finally, Barrington Research reduced their price objective on ICF International from $174.00 to $102.00 and set an “outperform” rating on the stock in a research report on Monday, March 3rd. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, ICF International presently has an average rating of “Moderate Buy” and a consensus price target of $140.20.

ICF International Stock Up 0.2 %

Shares of NASDAQ ICFI opened at $86.17 on Friday. The business has a 50-day moving average price of $101.75 and a 200 day moving average price of $131.94. The stock has a market cap of $1.59 billion, a PE ratio of 15.14 and a beta of 0.56. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.43. ICF International has a 52-week low of $75.91 and a 52-week high of $179.67.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of ICFI. Geode Capital Management LLC raised its stake in ICF International by 4.3% during the third quarter. Geode Capital Management LLC now owns 440,985 shares of the business services provider’s stock worth $73,566,000 after purchasing an additional 18,109 shares during the period. BNP Paribas Financial Markets grew its position in ICF International by 94.1% during the third quarter. BNP Paribas Financial Markets now owns 17,631 shares of the business services provider’s stock valued at $2,941,000 after acquiring an additional 8,548 shares during the period. Quantbot Technologies LP purchased a new position in ICF International in the 3rd quarter worth approximately $852,000. Pier Capital LLC purchased a new stake in shares of ICF International during the third quarter valued at approximately $6,579,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in ICF International in the 3rd quarter worth $734,000. 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.