Randstad N.V. Receives Upgrade from BNP PARIBAS EXANE
Positive Outlook as Price Targets Show Potential Upside
On January 5, 2025, BNP PARIBAS EXANE upgraded their rating for Randstad N.V. (OTCPK:RANJF) from Neutral to Outperform.
Price Forecast Indicates Potential 7.19% Growth
The average price target for Randstad N.V. as of July 4, 2024, stands at $54.02 per share. Estimates range from a low of $41.21 to a high of $96.67. This average suggests a possible 7.19% rise from the last closing price of $50.40 per share.
The company’s projected annual revenue is expected to be $27,904 million, reflecting a growth of 15.21%. Additionally, the anticipated annual non-GAAP EPS is forecasted at 4.46.
Fund Sentiment Overview
Currently, 252 funds or institutions have reported holding positions in Randstad N.V., showing a decrease of 6 owners or 2.33% from the previous quarter. The average portfolio weight dedicated to RANJF among all funds has increased by 1.65%, now standing at 0.20%. In total, institutional ownership dropped by 0.54% in the last three months, resulting in 17,789K shares held.
Insight from Other Shareholders
BBIEX – Bridge Builder International Equity Fund holds 1,533K shares, representing 0.88% of the company. This reflects a slight increase from 1,500K shares previously, marking a growth of 2.12%. The firm has upped its portfolio allocation in RANJF by 0.84% over the last quarter.
VGTSX – Vanguard Total International Stock Index Fund Investor Shares owns 1,485K shares, accounting for 0.85% of the company. This is an increase from 1,481K shares reported earlier, but the firm has reduced its allocation in RANJF by 5.14% over the last quarter.
VHGEX – Vanguard Global Equity Fund Investor Shares retains 934K shares with no change reported from the last quarter.
VTMGX – Vanguard Developed Markets Index Fund Admiral Shares increased its holding from 893K to 910K shares, now representing 0.52% ownership, which is an increase of 1.87% in its portfolio allocation over the past quarter.
IEFA – iShares Core MSCI EAFE ETF holds 699K shares (0.40% ownership), an increase from the previous 682K shares, but this firm has reduced its allocation in RANJF by 3.60% in the last quarter.
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