Barrington Keeps Their Buy Rating on PRGX Global (PRGX)

By Austin Angelo

In a report released today, Alexander Paris from Barrington maintained a Buy rating on PRGX Global (PRGXResearch Report), with a price target of $7.00. The company’s shares closed last Monday at $4.08, close to its 52-week low of $3.78.

According to TipRanks.com, Paris is a 1-star analyst with an average return of -1.4% and a 44.9% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education, Franklin Covey Company, and Grand Canyon Education.

PRGX Global has an analyst consensus of Hold.

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Based on PRGX Global’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $642K. In comparison, last year the company had a net profit of $7.86 million.

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PRGX Global, Inc. is a business analytics and information services company. It operates through following segments: Recovery Audit Services-Americas, Recovery Audit Services-Europe/Asia-Pacific, and Adjacent Services. The Recovery Audit Services -Americas segment provides recovery audit services in U.S., Canada and Latin America.