Robert Half was Downgraded to a Hold Rating at RBC Capital

By Austin Angelo

Robert Half (NYSE: RHI) received a Hold rating and a $46 price target from RBC Capital analyst Gary Bisbee today. The company’s shares closed last Friday at $45.26.

According to TipRanks.com, Bisbee is a 2-star analyst with an average return of 0.3% and a 48.6% success rate. Bisbee covers the Services sector, focusing on stocks such as Servicemaster Global Holdings, Corporate Executive Board, and Nord Anglia Education.

Robert Half has an analyst consensus of Hold, with a price target consensus of $36.

Robert Half’s market cap is currently $5.83B and has a P/E ratio of 16.34. The company has a book value ratio of 5.3276.

Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock. Most recently, in August 2016, Robert W. Glass, the EVP of RHI sold 30,061 shares for a total of $1,109,852.

Robert Half International, Inc. is a specialized staffing company, which engages in providing staffing and risk consulting services through divisions such as Accountemps, Robert Half Finance & Accounting, OfficeTeam, Robert Half Technology, Robert Half Management Resources, Robert Half Legal, the Creative Group, and Protiviti. The Accountemps, Robert Half Finance & Accounting, and Robert Half Management Resources divisions, is specialized provider of temporary, full-time, and project professionals in the fields of accounting and finance. The OfficeTeam specializes in highly skilled temporary administrative support personnel. The Robert Half Technology provides information technology professionals. The Robert Half Legal provides temporary, project, and full-time staffing of attorneys and specialized support personnel within law firms and corporate legal departments. The Creative Group provides project staffing in the advertising, marketing, and web design fields. The Protiviti is a global business consulting and internal audit firm. The company operates its business through three segments: Temporary and Consultant Staffing, Permanent Placement Staffing, and Risk Consulting & Internal Audit Services. The Temporary and Consultant segment provides specialized staffing in the accounting and finance, administrative and office, information technology, legal, advertising, marketing and web design fields. The Permanent Placement segment provides full-time personnel in the accounting, finance, administrative and office, and information technology fields. The Risk Consulting & Internal Audit Services segment provides business and technology risk consulting and internal audit services. Robert Half International was founded by Robert Half in 1948 and is headquartered in Menlo Park, CA.