Analyst Activity – Mizuho Raises Its Price Target On Red Hat (NYSE:RHT) to

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Analyst Ratings For Red Hat (NYSE:RHT)

Today, Mizuho raised its price target on Red Hat (NYSE:RHT) to per share.

There are 1 sell rating, 7 hold ratings, 18 buy ratings on the stock.

The current consensus rating on Red Hat (NYSE:RHT) is Buy (Score: 2.65) with a consensus target price of $87.30 per share, a potential 4.37% upside.

Some recent analyst ratings include

  • 3/13/2017-Pacific Crest Reiterated Rating of Overweight.
  • 2/28/2017-Robert W. Baird was Downgraded by analysts at Robert W. Baird from a “Outperform ” rating to a ” Neutral” rating. They now have a $90.00 price target on the stock, up previously from $85.00 .
  • 2/13/2017-William Blair Reiterated Rating of Outperform.
  • 2/1/2017-JPMorgan Chase & Co. Reiterated Rating of Overweight.
  • 1/14/2017-Evercore ISI Upgrade from a “Hold ” rating to a ” Buy” rating.
  • 1/11/2017-Wells Fargo & Co initiated coverage with a Outperform rating.

Dividend information for Red Hat (NYSE:RHT)

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Recent Insider Trading Activity For Red Hat (NYSE:RHT)
Red Hat (NYSE:RHT) has insider ownership of 0.76% and institutional ownership of 95.36%.

  • On 3/1/2017 James M Whitehurst, CEO, sold 5,099 with an average share price of $83.69 per share and the total transaction amounting to $426,735.31. View SEC Filing
  • On 1/20/2017 Delisa Alexander, EVP, sold 16,712 with an average share price of $73.67 per share and the total transaction amounting to $1,231,173.04. View SEC Filing
  • On 1/18/2017 Delisa Alexander, EVP, sold 1,365 with an average share price of $72.83 per share and the total transaction amounting to $99,412.95. View SEC Filing
  • On 10/18/2016 Delisa Alexander, EVP, sold 1,121 with an average share price of $77.00 per share and the total transaction amounting to $86,317.00. View SEC Filing
  • On 10/3/2016 Michael Cunningham, EVP, sold 15,000 with an average share price of $80.42 per share and the total transaction amounting to $1,206,300.00. View SEC Filing
  • On 10/3/2016 William S Kaiser, Director, sold 12,500 with an average share price of $80.35 per share and the total transaction amounting to $1,004,375.00. View SEC Filing
  • On 9/30/2016 General Henry Hugh Shelton, Director, sold 15,000 with an average share price of $80.70 per share and the total transaction amounting to $1,210,500.00. View SEC Filing

About Red Hat (NYSE:RHT)
Red Hat, Inc. (Red Hat) provides open source software solutions, using a community-powered approach to develop and offer operating system, virtualization, management, middleware, cloud, mobile and storage technologies. Red Hat operates through three geographical segments: the Americas, including the United States, Canada and Latin America; EMEA, including Europe, Middle East and Africa, and Asia Pacific. Its products and services include infrastructure-related offerings, application development-related and other technology offerings, and consulting, support and training services. Its infrastructure-related offerings include Red Hat Enterprise Linux, Red Hat Satellite and Red Hat Enterprise Virtualization. Its application development-related and other technology offerings include Red Hat JBoss Middleware, Red Hat cloud offerings, Red Hat Mobile and Red Hat Storage. Its consulting services include upgrade planning, platform migrations, solution integration and application development.

Recent Trading Activity for Red Hat (NYSE:RHT)
Shares of Red Hat closed the previous trading session at 83.65 down -0.45 -0.54% with 1,276,330 shares trading hands.

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