CACI International Inc Surpasses Analyst Price Target: What Comes Next?
Recently, shares of CACI International Inc (Symbol: CACI) have risen above the average analyst 12-month target price of $548.55, with stocks trading at $563.36 each. Investors often watch these targets closely because they indicate what analysts expect for a company’s future. When a stock hits an analyst’s target, the analyst typically has two choices: either lower their rating due to valuation or increase their target price if they foresee continued positive developments.
Analyzing the Analyst Targets for CACI
In the Zacks coverage universe, there are 9 different analyst targets for CACI International Inc contributing to this average. While the average price target gives a good overview, it hides the fact that analysts have widely differing opinions. One analyst has set a price target as low as $425.00, while another is optimistic with a target of $650.00, resulting in a standard deviation of $71.248.
This variation highlights the “wisdom of crowds” approach: by aggregating inputs from multiple analysts, it provides a collective understanding rather than relying on the perspective of a single expert. As CACI’s stock has surpassed the average target of $548.55, investors now face an important question: Will the stock rise further, or is it time to consider selling some shares?
Current Analyst Ratings Overview
| Recent CACI Analyst Ratings Breakdown | ||||
|---|---|---|---|---|
| » | Current | 1 Month Ago | 2 Month Ago | 3 Month Ago |
| Strong buy ratings: | 8 | 8 | 9 | 9 |
| Buy ratings: | 0 | 0 | 0 | 1 |
| Hold ratings: | 3 | 3 | 3 | 2 |
| Sell ratings: | 0 | 0 | 0 | 0 |
| Strong sell ratings: | 0 | 0 | 0 | 0 |
| Average rating: | 1.55 | 1.55 | 1.5 | 1.42 |
The average rating in the table ranks from 1 to 5, where 1 indicates a Strong Buy and 5 indicates a Strong Sell. Data for this article comes from Zacks Investment Research via Quandl.com.
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Also see:
• Funds Holding IPE
• ETAC shares outstanding history
• FinWise Historical Earnings
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
