Huron Consulting Group (NASDAQ:HURN) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research report issued on Tuesday, Analyst Ratings Network reports. They currently have a $49.00 price objective on the stock. Zacks‘ price objective points to a potential upside of 3.88% from the stock’s previous close.
Shares of Huron Consulting Group (NASDAQ: HURN) traded down 0.36% during mid-day trading on Tuesday, hitting $47.00. Huron Consulting Group has a 52 week low of $28.51 and a 52 week high of $47.40. The stock’s 50-day moving average is currently $45.14. The company has a market cap of $1.040 billion and a P/E ratio of 22.52.
Huron Consulting Group (NASDAQ:HURN) last released its earnings data on Thursday, April 25th. The company reported $0.51 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.44 by $0.07. The company had revenue of $164.03 million for the quarter, compared to the consensus estimate of $159.29 million. During the same quarter last year, the company posted $0.13 earnings per share. Huron Consulting Group’s revenue was up 18.3% compared to the same quarter last year. Huron Consulting Group has set its FY13 guidance at $2.45-2.65 EPS. Analysts expect that Huron Consulting Group will post $2.61 EPS for the current fiscal year.
Other equities research analysts have also recently issued reports about the stock. Analysts at Stifel Nicolaus initiated coverage on shares of Huron Consulting Group in a research note to investors on Friday, June 21st. They set a “buy” rating and a $52.00 price target on the stock. Separately, analysts at Northland Capital Partners raised their price target on shares of Huron Consulting Group from $42.00 to $48.00 in a research note to investors on Monday, April 29th. Finally, analysts at Deutsche Bank raised their price target on shares of Huron Consulting Group from $41.00 to $45.00 in a research note to investors on Friday, April 26th. They now have a “buy” rating on the stock.
One investment analyst has rated the stock with a hold rating and three have given a buy rating to the stock. Huron Consulting Group has a consensus rating of “Buy” and a consensus price target of $48.50.
Huron Consulting Group Inc (NASDAQ: HURN).
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