Huron Consulting Group (NASDAQ:HURN) Given New $220.00 Price Target at Wedbush

Huron Consulting Group (NASDAQ:HURN – Free Report) had its price objective upped by Wedbush from $160.00 to $220.00 in a report issued on Wednesday morning,Benzinga reports. They currently have an outperform rating on the business services provider’s stock.

HURN has been the topic of several other research reports. Zacks Research cut shares of Huron Consulting Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 28th. Wall Street Zen raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Weiss Ratings upgraded Huron Consulting Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Evercore upgraded Huron Consulting Group to an “outperform” rating in a research note on Friday, October 23rd. Finally, Truist Financial raised their target price on Huron Consulting Group from $175.00 to $220.00 and gave the stock a “buy” rating in a report on Friday, October 23rd. Six equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $215.50.

View Our Latest Report on Huron Consulting Group

Huron Consulting Group Price Performance

Shares of NASDAQ:HURN opened at $173.01 on Wednesday. The firm’s 50 day moving average price is $167.71 and its 200-day moving average price is $138.85. Huron Consulting Group has a twelve month low of $84.88 and a twelve month high of $203.37. The company has a quick ratio of 1.71, a current ratio of 1.71 and a debt-to-equity ratio of 2.11. The stock has a market capitalization of $2.75 billion, a PE ratio of 22.07 and a beta of 0.09.

Huron Consulting Group (NASDAQ:HURN – Get Free Report) last announced its earnings results on Tuesday, November 3rd. The business services provider reported $2.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.47 by $0.15. The company had revenue of $491.45 million during the quarter, compared to analyst estimates of $481.38 million. Huron Consulting Group had a net margin of 6.10% and a return on equity of 34.70%. The firm’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same period in the previous year, the business posted $2.10 earnings per share. Equities research analysts expect that Huron Consulting Group will post 9.18 EPS for the current year.

Hedge Funds Weigh In On Huron Consulting Group

A number of hedge funds have recently modified their holdings of HURN. GAMMA Investing LLC boosted its holdings in Huron Consulting Group by 57.9% in the 3rd quarter. GAMMA Investing LLC now owns 289 shares of the business services provider’s stock worth $45,000 after buying an additional 106 shares during the period. Northwestern Mutual Wealth Management Co. purchased a new stake in Huron Consulting Group in the 2nd quarter worth $75,000. Sterling Capital Management LLC raised its holdings in Huron Consulting Group by 805.2% during the third quarter. Sterling Capital Management LLC now owns 525 shares of the business services provider’s stock valued at $82,000 after acquiring an additional 467 shares during the period. Nykredit A S bought a new stake in Huron Consulting Group during the second quarter valued at about $111,000. Finally, Fulcrum Asset Management LLP bought a new stake in Huron Consulting Group during the third quarter valued at about $115,000. 93.90% of the stock is currently owned by institutional investors.

Key Headlines Impacting Huron Consulting Group

Here are the key news stories impacting Huron Consulting Group this week:

About Huron Consulting Group

(Get Free Report)

Huron Consulting Group, Inc is a professional services firm that helps organizations improve performance, manage change, and use technology to address complex business challenges. The company serves clients in the healthcare, education, and public sectors, as well as commercial organizations.

Its services include operational and financial improvement, strategy and organizational consulting, digital transformation, technology implementation, data and analytics, and managed services. Huron also provides specialized advisory support for hospitals and health systems, colleges and universities, government agencies, and businesses seeking to improve processes, financial performance, and customer or patient experiences.

Founded in 2002 and headquartered in Chicago, Huron serves clients across the United States and internationally.

See Also

Analyst Recommendations for Huron Consulting Group (NASDAQ:HURN)

Receive News & Ratings for Huron Consulting Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Huron Consulting Group and related companies with MarketBeat.com's FREE daily email newsletter.