In a report released on September 7, Tobey Sommer from Truist Financial maintained a Buy rating on Korn Ferry (KFY – Research Report), with a price target of $65.00. The company’s shares closed last Friday at $48.57.
According to TipRanks, Sommer is a 5-star analyst with an average return of 12.8% and a 62.39% success rate. Sommer covers the Industrials sector, focusing on stocks such as Insperity, Waste Connections, and Parsons.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Korn Ferry with a $62.00 average price target.
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Based on Korn Ferry’s latest earnings release for the quarter ending July 31, the company reported a quarterly revenue of $706.26 million and a net profit of $46.61 million. In comparison, last year the company earned a revenue of $703.15 million and had a net profit of $77.25 million
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Korn Ferry engages in the provision of global organizational consulting firm. It’s solutions include organizational strategy, talent acquisition, rewards & benefits, assessment & succession and leadership development. The company helps organizations select and hire the talent they need to execute their strategy. Korn Ferry was founded by Richard M. Ferry on November 14, 1969 and is headquartered in Los Angeles, CA.
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