UBS Sticks to Its Buy Rating for Caci International (CACI)

In a report released today, Gavin Parsons from UBS maintained a Buy rating on Caci International, with a price target of $779.00.

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Parsons covers the Industrials sector, focusing on stocks such as Boeing, Booz Allen, and General Dynamics. According to TipRanks, Parsons has an average return of 11.4% and a 63.25% success rate on recommended stocks.

In addition to UBS, Caci International also received a Buy from Bank of America Securities’s Mariana Perez Mora in a report issued on March 18. However, on March 16, Jefferies maintained a Hold rating on Caci International (NYSE: CACI).

Based on Caci International’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.22 billion and a net profit of $123.86 million. In comparison, last year the company earned a revenue of $2.1 billion and had a net profit of $109.94 million

Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CACI in relation to earlier this year. Earlier this month, Debora A Plunkett, a Director at CACI sold 220.00 shares for a total of $132,726.00.