HireRight Holdings Co. (NYSE:HRT) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of HireRight Holdings Co. (NYSE:HRTGet Rating) have earned an average rating of “Moderate Buy” from the twelve analysts that are presently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $17.56.

Several research analysts have commented on HRT shares. Robert W. Baird decreased their target price on shares of HireRight from $23.00 to $15.00 in a research report on Friday. Needham & Company LLC decreased their target price on shares of HireRight from $22.00 to $17.00 and set a “buy” rating for the company in a research report on Friday. The Goldman Sachs Group decreased their price objective on shares of HireRight from $21.00 to $18.00 and set a “buy” rating for the company in a report on Friday. Truist Financial decreased their price objective on shares of HireRight from $18.00 to $9.00 in a report on Monday. Finally, StockNews.com upgraded shares of HireRight from a “hold” rating to a “buy” rating in a report on Monday.

HireRight Stock Performance

NYSE HRT opened at $7.61 on Tuesday. HireRight has a 52 week low of $6.88 and a 52 week high of $19.46. The company has a 50-day moving average price of $15.14 and a two-hundred day moving average price of $15.39.

Institutional Trading of HireRight

Several institutional investors and hedge funds have recently added to or reduced their stakes in HRT. Allspring Global Investments Holdings LLC acquired a new stake in HireRight during the third quarter valued at approximately $37,000. Amalgamated Bank acquired a new stake in HireRight during the first quarter valued at approximately $54,000. Legal & General Group Plc lifted its stake in HireRight by 128.4% during the second quarter. Legal & General Group Plc now owns 8,200 shares of the company’s stock valued at $117,000 after purchasing an additional 4,610 shares during the last quarter. SG Americas Securities LLC purchased a new stake in shares of HireRight in the 2nd quarter valued at approximately $120,000. Finally, Quantbot Technologies LP purchased a new stake in shares of HireRight in the 1st quarter valued at approximately $120,000.

About HireRight

(Get Rating)

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

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Analyst Recommendations for HireRight (NYSE:HRT)

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