HireRight Holdings Co. (NYSE:HRT) Given Consensus Recommendation of “Buy” by Analysts

Shares of HireRight Holdings Co. (NYSE:HRT – Get Rating) have earned a consensus rating of “Buy” from the eleven analysts that are presently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $22.75.

HRT has been the subject of a number of recent analyst reports. The Goldman Sachs Group dropped their price objective on HireRight from $35.00 to $31.00 and set a “buy” rating for the company in a report on Tuesday, March 22nd. Barclays decreased their target price on HireRight from $30.00 to $22.00 and set an “overweight” rating for the company in a research report on Wednesday, March 16th. StockNews.com raised HireRight from a “sell” rating to a “hold” rating in a research report on Saturday, March 26th. Credit Suisse Group decreased their target price on HireRight from $26.00 to $21.00 and set an “outperform” rating for the company in a research report on Tuesday, March 22nd. Finally, Truist Financial decreased their target price on HireRight from $20.00 to $17.00 in a research report on Tuesday, March 22nd.

Several institutional investors and hedge funds have recently added to or reduced their stakes in HRT. Legal & General Group Plc acquired a new position in HireRight during the 4th quarter valued at about $57,000. Lazard Asset Management LLC acquired a new position in HireRight during the 4th quarter valued at about $58,000. Strs Ohio acquired a new position in HireRight during the 4th quarter valued at about $83,000. Citigroup Inc. acquired a new position in HireRight during the 4th quarter valued at about $104,000. Finally, Metropolitan Life Insurance Co NY acquired a new position in HireRight during the 4th quarter valued at about $118,000.

HRT opened at $17.40 on Friday. The firm’s fifty day simple moving average is $14.20. HireRight has a 52-week low of $10.66 and a 52-week high of $19.46.

HireRight (NYSE:HRT – Get Rating) last posted its quarterly earnings data on Monday, March 21st. The company reported $0.32 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.06 by $0.26.

About HireRight (Get Rating)

HireRight Holdings Corporation provides technology-driven workforce risk management and compliance solutions. It offers background screening, verification, identification, monitoring, and drug and health screening services for customers worldwide. It offers its services via software and data platform that integrates into its customers' HCM systems enabling workflows for workforce hiring, onboarding, and monitoring.

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