ICF International (NASDAQ:ICFI) Upgraded at StockNews.com

ICF International (NASDAQ:ICFI) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Saturday.

A number of other analysts have also recently weighed in on ICFI. Barrington Research dropped their price target on ICF International from $174.00 to $102.00 and set an “outperform” rating on the stock in a research report on Monday, March 3rd. D. Boral Capital reaffirmed an “outperform” rating and issued a $174.00 target price on shares of ICF International in a research report on Monday, December 16th. Finally, Canaccord Genuity Group reissued a “hold” rating and set a $100.00 price target (down previously from $200.00) on shares of ICF International in a report on Friday, February 28th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $140.20.

ICF International Price Performance

Shares of NASDAQ:ICFI opened at $86.17 on Friday. The company has a market cap of $1.59 billion, a PE ratio of 15.14 and a beta of 0.56. ICF International has a fifty-two week low of $75.91 and a fifty-two week high of $179.67. The firm has a 50-day simple moving average of $101.75 and a 200 day simple moving average of $131.94. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.43.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of ICFI. SG Americas Securities LLC grew its position in ICF International by 44.4% in the 4th quarter. SG Americas Securities LLC now owns 1,103 shares of the business services provider’s stock valued at $131,000 after buying an additional 339 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S bought a new position in shares of ICF International in the fourth quarter valued at approximately $149,000. Cibc World Markets Corp bought a new stake in ICF International during the fourth quarter worth approximately $208,000. Ethic Inc. acquired a new stake in ICF International in the fourth quarter worth approximately $292,000. Finally, Martingale Asset Management L P boosted its stake in ICF International by 25.5% during the 3rd quarter. Martingale Asset Management L P now owns 3,399 shares of the business services provider’s stock valued at $567,000 after purchasing an additional 690 shares in the last quarter. 94.12% of the stock is owned by institutional investors and hedge funds.

ICF International Company Profile

ICF International, Inc provides management, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. The company researches critical policy, industry, stakeholder issues, trends, and behaviors; measures and evaluates results and their impact; and provides strategic planning and advisory services to its clients on how to navigate societal, business, market, business, communication, and technology challenges.