Truist Financial Lowers ICF International (NASDAQ:ICFI) Price Target to $85.00

ICF International (NASDAQ:ICFI) had its price target dropped by Truist Financial from $97.00 to $85.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage currently has a “hold” rating on the business services provider’s stock. Truist Financial’s target price suggests a potential upside of 5.15% from the stock’s current price.

Other research analysts also recently issued research reports about the company. D. Boral Capital restated an “outperform” rating and set a $174.00 price target on shares of ICF International in a report on Monday, December 16th. Canaccord Genuity Group restated a “hold” rating and issued a $100.00 price target (down previously from $200.00) on shares of ICF International in a research note on Friday, February 28th. StockNews.com upgraded shares of ICF International from a “hold” rating to a “buy” rating in a research report on Saturday, March 29th. Finally, Barrington Research cut their target price on shares of ICF International from $174.00 to $102.00 and set an “outperform” rating for the company in a report on Monday, March 3rd. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $129.20.

ICF International Stock Down 2.6 %

ICFI opened at $80.84 on Monday. ICF International has a 52 week low of $75.91 and a 52 week high of $179.67. The stock has a market cap of $1.49 billion, a PE ratio of 14.21 and a beta of 0.49. The business’s fifty day simple moving average is $90.62 and its 200 day simple moving average is $123.81. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.43.

Institutional Trading of ICF International

Several institutional investors and hedge funds have recently bought and sold shares of ICFI. SG Americas Securities LLC grew its stake in shares of ICF International by 44.4% in the fourth quarter. SG Americas Securities LLC now owns 1,103 shares of the business services provider’s stock worth $131,000 after acquiring an additional 339 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S purchased a new position in ICF International in the fourth quarter worth $149,000. Cibc World Markets Corp acquired a new position in ICF International during the fourth quarter worth about $208,000. Ethic Inc. acquired a new stake in shares of ICF International during the 4th quarter valued at approximately $292,000. Finally, Millstone Evans Group LLC purchased a new position in shares of ICF International in the fourth quarter valued at $447,000. 94.12% of the stock is currently owned by hedge funds and other institutional investors.

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.