November 28, 2016 - By Vivian Park
RBC Capital has downgraded Corp. Exec. Board (NYSE:CEB) stock to Sector Perform in an analyst note published on Monday morning, and has set one year target at $60.0. CEB’s old rating was Outperform.
Out of 4 analysts covering Corp. Exec. Board (NYSE:CEB), 3 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 75% are positive. $93 is the highest target while $58 is the lowest. The $72.80 average target is 23.60% above today’s ($58.9) stock price. Corp. Exec. Board has been the topic of 12 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The company was maintained on Tuesday, October 25 by RBC Capital Markets. The stock of CEB Inc. (NYSE:CEB) has “Outperform” rating given on Tuesday, February 9 by RBC Capital Markets. The company was maintained on Thursday, September 17 by Deutsche Bank. RBC Capital Markets maintained it with “Outperform” rating and $91 target price in Thursday, July 30 report. The stock of CEB Inc. (NYSE:CEB) has “Buy” rating given on Friday, February 5 by Stifel Nicolaus. Stifel Nicolaus maintained the shares of CEB in a report on Friday, February 26 with “Buy” rating. Cantor Fitzgerald initiated it with “Buy” rating and $86 target price in Tuesday, November 10 report. Barclays Capital maintained it with “Equal Weight” rating and $82 target price in Thursday, July 30 report. Stifel Nicolaus maintained it with “Buy” rating and $93 target price in Thursday, July 30 report.
The stock increased 0.34% or $0.2 on November 25, hitting $58.9. CEB Inc. (NYSE:CEB) has declined 9.18% since April 25, 2016 and is downtrending. It has underperformed by 15.19% the S&P500.
Analysts await CEB Inc. (NYSE:CEB) to report earnings on February, 1. They expect $0.95 EPS, down 7.77% or $0.08 from last year’s $1.03 per share. CEB’s profit will be $30.65 million for 15.50 P/E if the $0.95 EPS becomes a reality. After $0.82 actual EPS reported by CEB Inc. for the previous quarter, Wall Street now forecasts 15.85% EPS growth.
According to Zacks Investment Research, “CEB Inc. is an advisory company. The Company’s operating segment consists of SHL Talent Measurement and CEB. SHL Talent Measurement provides cloud-based solutions. CEB segment provides technology tools on data analytics and analytical solutions. CEB Inc., formerly known as The Corporate Executive Board Company, is based in ARLINGTON, United States.”
CEB Inc., incorporated on September 11, 1997, is an insight and technology company. The Firm operates through two divisions: CEB and CEB Talent Assessment. The Company’s solutions managed by people include managed by people include talent management. Talent management include plan, recruit, assess, develop, engage and perform. The Company’s solutions managed by function include compliance and legal, finance, financial services, government, human resources, information technology, innovation and strategy, marketing and communications, procurement and operations, risk and audit, and sales and service. The Company’s services and products include best practices and decision support, leadership councils, market insights, talent management and measurement, and tools and solutions. CEB offers approximately 50 different memberships aligned to functional and industry leadership roles. Market insight memberships are services that address the insight and analytics needs of marketing, compliance and financial services. These services include the Company’s CEB TowerGroup and CEB Iconoculture offerings. The Company’s tools and solutions offerings focus on the practical, actionable applications of analytics and planning, and best-practice implementation.
More notable recent CEB Inc. (NYSE:CEB) news were published by: Bizjournals.com which released: “Tom Monahan to step down from CEB after more than a decade at the helm” on August 31, 2016, also Prnewswire.com with their article: “The Corporate Executive Board Company Now “CEB Inc.”” published on May 27, 2015, Prnewswire.com published: “CEB Brings Talent Management Best Practices to Non-profits Worldwide” on November 04, 2016. More interesting news about CEB Inc. (NYSE:CEB) were released by: Prnewswire.com and their article: “CEB Honors Veterans Throughout The Month Of November” published on November 08, 2016 as well as Moodys.com‘s news article titled: “Moody’s changes CEB Inc.’s outlook to negative; Ba2 CFR affirmed” with publication date: April 15, 2016.
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By Vivian Park