In a report released yesterday, Mark Marcon from Robert W. Baird maintained a Hold rating on Resources Connection (RGP – Research Report), with a price target of $21.00. The company’s shares closed yesterday at $15.42.
Marcon covers the Services sector, focusing on stocks such as ManpowerGroup, Robert Half, and Insperity. According to TipRanks, Marcon has an average return of 13.7% and a 57.99% success rate on recommended stocks.
Resources Connection has an analyst consensus of Hold, with a price target consensus of $39.50.
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The company has a one-year high of $22.85 and a one-year low of $15.44. Currently, Resources Connection has an average volume of 167.2K.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is neutral on the stock. Most recently, in October 2022, Anthony Cherbak, a Director at RGP sold 22,500.00 shares for a total of $360,675.00.
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Resources Connection Inc. engages in the provision of business consulting services. It offers consulting and business initiative support services to its global client base in the areas of accounting, finance, corporate governance risk and compliance management, corporate advisory strategic communications and restructuring, information management, human capital, supply chain management, healthcare solutions, and legal and regulatory. The company was founded by Donald Brian Murray in June 1996 and is headquartered in Irvine CA.
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