Berenberg Starts FTI Consulting (FCN) at Buy

May 6, 2021 6:59 AM EDT
Get Alerts FCN Hot Sheet
Price: $145.80 +2.14%

Rating Summary:
    6 Buy, 4 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 18 | Down: 11 | New: 8
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Berenberg analyst Sam England initiates coverage on FTI Consulting (NYSE: FCN) with a Buy rating and a price target of $180.00.

The analyst comments "FTI Consulting provides a range of advisory services with over one-third of its revenue coming from corporate finance and restructuring services. The company offers broad exposure to trends in the restructuring, M&A, capital markets and business advisory markets. While areas of these businesses are cyclical, revenues have been on a largely upward trajectory for over a decade, growing at a CAGR of 9.3% (mostly organic) since 2006."

For an analyst ratings summary and ratings history on FTI Consulting click here. For more ratings news on FTI Consulting click here.

Shares of FTI Consulting closed at $144.25 yesterday.

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