Cowen & Co. Believes Booz Allen (NYSE: BAH) Won’t Stop Here

By Jason Carr

Cowen & Co. analyst Cai Rumohr assigned a Buy rating to Booz Allen (NYSE: BAH) today and set a price target of $50. The company’s shares closed yesterday at $41.20, close to its 52-week high of $41.47.

According to, Rumohr is a 5-star analyst with an average return of 16.5% and a 73.8% success rate. Rumohr covers the Consumer Goods sector, focusing on stocks such as American Outdoor Brands Corp, General Dynamics Corp, and L3 Technologies Inc.

Booz Allen has an analyst consensus of Moderate Buy, with a price target consensus of $50.

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Booz Allen’s market cap is currently $5.98B and has a P/E ratio of 21.57. The company has a Price to Book ratio of 10.59.

Based on the recent corporate insider activity of 80 insiders, corporate insider sentiment is negative on the stock.

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Booz Allen Hamilton Holding Corp. engages in the provision of management and technology consulting services. It also develops the scope and scale of its capabilities in engineering services. Its services include cyber solutions, enterprise effectiveness and efficiency, re-imagining infrastructure and cloud based services.