Korn/Ferry International (NYSE:KFY) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2 by 4 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 2 Brokerage Firms have advised hold. Korn/Ferry International (NYSE:KFY) : On Thursday heightened volatility was witnessed in Korn/Ferry International (NYSE:KFY) which led to swings in the share price. The stock opened for trading at $26.72 and hit $28.07 on the upside , eventually ending the session at $28.07, with a gain of 4.86% or 1.3 points. The heightened volatility saw the trading volume jump to 774,050 shares. The 52-week high of the share price is $38.93 and the company has a market cap of $1,608 million. The 52-week low of the share price is at $25.205 .
Korn/Ferry International (NYSE:KFY): According to 3 Analysts, The short term target price has been estimated at $ 35.67.The target price could deviate by a maximum of $2.08 from the forecast price. In the near term, the target price could hit a high of $38 and a low of $ 34.
Many analysts have stated their opinion on the company shares. In the latest statement by the brokerage house, William Blair downgrades its outlook on Korn/Ferry International (NYSE:KFY). The current rating of the shares is Market Perform, according to the research report released by the firm. Previously, the company had a rating of Outperform. The rating by the firm was issued on March 1, 2016.
The stock has recorded a 20-day Moving Average of 1.97% and the 50-Day Moving Average is 2.04%. Investors should note that the Company has disclosed insider buying and selling activities to the Securities Exchange, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Korn Ferry International, You Harry L. had sold 4,000 shares worth of $138,520 in a transaction dated December 17, 2015. In this transaction, 4,000 shares were sold at $34.63 per share.
Korn/Ferry International offers leadership and talent consulting services. The Company provides executive recruitment, leadership development, enterprise learning, succession planning and recruitment process outsourcing. Its business segments include Executive Recruitment, Leadership & Talent Consulting (LTC), and Professional Search and Recruitment Process Outsourcing (Futurestep). Its executive recruitment services are used to fill executive-level positions, such as board directors, chief executive officers, chief financial officers, chief operating officers, chief information officers and other senior executive officers. Its strategic management assessment and executive coaching and development services are consolidated under the LTC segment. Its subsidiary, Futurestep, offers talent acquisition solutions, including recruitment process outsourcing, project recruitment, professional search, talent consulting and talent communications. It operates in around 37 countries.