SunTrust Robinson Humphrey Downgrades CEB to Hold

Brokerage firm SunTrust Robinson Humphrey Downgrades its rating on CEB(CEB). The shares have been rated Hold. Previously, the analysts had a Buy rating on the shares. The rating by the stock financial advisor at SunTrust Robinson Humphrey was issued on Feb 13, 2017 in a research report to their Investors and Clients.

In a different note, On Jan 9, 2017, Barclays said it Upgrades its rating on CEB. According to the research note, Barclays Raises the price target to $75 per share from a prior target of $50. The shares have been rated ‘Equal-Weight’ by the firm.

CEB (CEB) shares turned negative on Wednesdays trading session with the shares closing down -0.25 points or -0.32% at a volume of 1,88,209. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $77.55. The peak price level was also seen at $77.55 while the days lowest was $77.2. Finally the shares closed at $77.3. The 52-week high of the shares is $77.695 while the 52-week low is $47.325. According to the latest information available, the market cap of the company is $2,492 M.

CEB(CEB) last announced its earnings results on Oct 25, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $230.95M. Analysts had an estimated revenue of $232.63M. Earnings per share were $0.91. The reported EPS was above estimates by $0.03 or 3.41%. Analysts had estimated an EPS of $0.88.

Several Insider Transactions has been reported to the SEC. On May 4, 2016, Melody L Jones (Chief Administrative Officer) sold 12,310 shares at $62.15 per share price.Also, On May 4, 2016, Jeffrey R Tarr (director) sold 7,250 shares at $62.07 per share price.On Nov 19, 2015, Daniel O Leemon (director) sold 1,133 shares at $75.00 per share price, according to the Form-4 filing with the securities and exchange commission.

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