ICF International (NASDAQ:ICFI) Given Hold Rating at Canaccord Genuity Group

ICF International (NASDAQ:ICFI - Get Free Report)'s stock had its "hold" rating reaffirmed by equities researchers at Canaccord Genuity Group in a research note issued to investors on Friday, Marketbeat Ratings reports. They presently have a $100.00 target price on the business services provider's stock, down from their previous target price of $200.00. Canaccord Genuity Group's price objective would indicate a potential upside of 23.67% from the stock's current price.

A number of other equities research analysts also recently weighed in on ICFI. Sidoti raised shares of ICF International from a "neutral" rating to a "buy" rating and set a $185.00 target price on the stock in a research note on Tuesday, November 19th. D. Boral Capital restated an "outperform" rating and set a $174.00 price objective on shares of ICF International in a research report on Monday, December 16th. Truist Financial cut their target price on shares of ICF International from $180.00 to $140.00 and set a "hold" rating for the company in a research report on Friday, November 22nd. Finally, StockNews.com downgraded ICF International from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, November 27th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $140.20.

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ICF International Price Performance

NASDAQ:ICFI traded up $3.18 during trading hours on Friday, hitting $80.86. The stock had a trading volume of 529,277 shares, compared to its average volume of 315,585. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.21 and a quick ratio of 1.21. ICF International has a one year low of $75.91 and a one year high of $179.67. The firm has a market capitalization of $1.52 billion, a price-to-earnings ratio of 14.21 and a beta of 0.56. The company has a 50 day simple moving average of $115.20 and a two-hundred day simple moving average of $141.76.

Institutional Trading of ICF International

Several institutional investors have recently added to or reduced their stakes in ICFI. Geode Capital Management LLC lifted its stake in shares of ICF International by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 442,995 shares of the business services provider's stock valued at $52,822,000 after acquiring an additional 2,010 shares during the last quarter. Systematic Financial Management LP lifted its position in ICF International by 0.9% in the third quarter. Systematic Financial Management LP now owns 279,048 shares of the business services provider's stock valued at $46,542,000 after purchasing an additional 2,484 shares during the last quarter. Tributary Capital Management LLC lifted its position in ICF International by 10.9% in the fourth quarter. Tributary Capital Management LLC now owns 211,863 shares of the business services provider's stock valued at $25,256,000 after purchasing an additional 20,861 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of ICF International by 411.7% during the fourth quarter. BNP Paribas Financial Markets now owns 90,226 shares of the business services provider's stock valued at $10,756,000 after purchasing an additional 72,595 shares during the period. Finally, Tudor Investment Corp ET AL grew its holdings in shares of ICF International by 5,171.3% in the fourth quarter. Tudor Investment Corp ET AL now owns 73,904 shares of the business services provider's stock worth $8,810,000 after purchasing an additional 72,502 shares during the last quarter. 94.12% of the stock is currently owned by hedge funds and other institutional investors.

About ICF International

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.