Several other equities analysts have also recently commented on CEB. Cantor Fitzgerald set a $57.00 price target on shares of CEB and gave the company a “buy” rating in a research report on Saturday, November 19th. Stifel Nicolaus lowered shares of CEB from a “buy” rating to a “hold” rating and set a $60.00 price objective on the stock. in a report on Thursday, December 8th. Royal Bank Of Canada raised their price objective on shares of CEB from $60.00 to $74.00 and gave the company a “sector perform” rating in a report on Friday, January 6th. RBC Capital Markets restated a “sector perform” rating and issued a $74.00 price objective (up from $60.00) on shares of CEB in a report on Friday, January 6th. Finally, Barclays PLC upgraded shares of CEB from an “underweight” rating to an “equal weight” rating and raised their price objective for the company from $50.00 to $75.00 in a report on Monday, January 9th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $56.31.
CEB Inc. (NYSE:CEB) was downgraded by investment analysts at SunTrust Banks, Inc. from a “buy” rating to a “hold” rating in a research report issued on Monday. They currently have a $77.25 price target on the stock, up from their prior price target of $68.00. SunTrust Banks, Inc.’s price target suggests a potential upside of 0.46% from the company’s previous close.
CEB (NYSE:CEB) opened at 76.90 on Monday. The company has a market cap of $2.48 billion, a price-to-earnings ratio of 66.07 and a beta of 1.91. The stock has a 50 day moving average price of $73.14 and a 200 day moving average price of $60.40. CEB has a 12 month low of $47.33 and a 12 month high of $77.30.
Large investors have recently made changes to their positions in the company. LS Investment Advisors LLC raised its stake in shares of CEB by 5.6% in the third quarter. LS Investment Advisors LLC now owns 2,088 shares of the company’s stock valued at $114,000 after buying an additional 110 shares in the last quarter. Elkfork Partners LLC acquired a new position in CEB during the fourth quarter worth approximately $127,000. Advisor Group Inc. raised its position in CEB by 11.5% in the third quarter. Advisor Group Inc. now owns 2,330 shares of the company’s stock worth $128,000 after buying an additional 240 shares in the last quarter. Suntrust Banks Inc. raised its position in CEB by 2.3% in the third quarter. Suntrust Banks Inc. now owns 4,063 shares of the company’s stock worth $219,000 after buying an additional 92 shares in the last quarter. Finally, 1st Global Advisors Inc. raised its position in CEB by 21.2% in the third quarter. 1st Global Advisors Inc. now owns 4,129 shares of the company’s stock worth $225,000 after buying an additional 721 shares in the last quarter. Hedge funds and other institutional investors own 98.51% of the company’s stock.
CEB Inc, formerly The Corporate Executive Board Company, is a member-based advisory company. The Company operates through two segments: SHL Talent Measurement and CEB. Its SHL Talent Measurement provides cloud-based solutions for talent assessment and talent mobility, and decision support, as well as professional services to support those solutions.