Sterling Check’s (STER) Neutral Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their neutral rating on shares of Sterling Check (NASDAQ:STERFree Report) in a research note published on Friday morning, Benzinga reports. They currently have a $17.00 price target on the stock.

Several other equities analysts have also issued reports on STER. Morgan Stanley cut their price target on Sterling Check from $15.00 to $14.00 and set an equal weight rating on the stock in a research note on Thursday, November 9th. Citigroup started coverage on Sterling Check in a research note on Thursday, November 16th. They set a neutral rating and a $13.00 price target on the stock. Finally, The Goldman Sachs Group upped their price target on Sterling Check from $14.00 to $16.00 and gave the company a buy rating in a research note on Thursday, January 11th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of Hold and a consensus target price of $15.60.

View Our Latest Report on Sterling Check

Sterling Check Price Performance

Sterling Check stock opened at $15.90 on Friday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.72 and a current ratio of 1.72. Sterling Check has a 52 week low of $10.00 and a 52 week high of $16.68. The firm has a market cap of $1.50 billion, a P/E ratio of 22.83 and a beta of 0.47. The business’s fifty day moving average is $13.51 and its two-hundred day moving average is $13.09.

Institutional Investors Weigh In On Sterling Check

A number of institutional investors and hedge funds have recently added to or reduced their stakes in STER. Wellington Management Group LLP increased its holdings in Sterling Check by 53.7% in the first quarter. Wellington Management Group LLP now owns 5,322,934 shares of the company’s stock valued at $140,685,000 after purchasing an additional 1,860,674 shares during the last quarter. Boston Partners bought a new stake in shares of Sterling Check in the second quarter worth about $12,280,000. Lazard Asset Management LLC increased its holdings in shares of Sterling Check by 59.2% in the second quarter. Lazard Asset Management LLC now owns 1,959,579 shares of the company’s stock worth $24,024,000 after acquiring an additional 728,411 shares in the last quarter. Progeny 3 Inc. increased its holdings in shares of Sterling Check by 19.5% in the second quarter. Progeny 3 Inc. now owns 3,838,912 shares of the company’s stock worth $47,065,000 after acquiring an additional 626,400 shares in the last quarter. Finally, BlackRock Inc. increased its holdings in shares of Sterling Check by 29.0% in the first quarter. BlackRock Inc. now owns 1,881,118 shares of the company’s stock worth $49,719,000 after acquiring an additional 422,576 shares in the last quarter. Institutional investors own 80.90% of the company’s stock.

About Sterling Check

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Sterling Check Corp. provides technology-enabled background and identity verification services in the United States, Canada, Europe, the Middle East and Africa, and the Asia Pacific. The company offers identity verification services, such as telecom and device verification, identification document verification, facial recognition with biometric matching, social security number verification, and live video chat identification proofing; fingerprinting; background checks, including criminal record checks, sex offender registries, civil court records, motor vehicle and driving license records, executive investigations, credit reports, social media searches, and contingent workforce solutions; liens, judgments, and bankruptcies; and sanctions, risk, and compliance checks.

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Analyst Recommendations for Sterling Check (NASDAQ:STER)

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