Barclays (LON:BARC) analyst Raimo Lenschow maintained a Buy rating on Intuit (NASDAQ:INTU) on Monday, setting a price target of $710, which is approximately 9.57% above the present share price of $647.96.
Lenschow expects Intuit to post earnings per share (EPS) of $0.84 for the fourth quarter of 2021.
The current consensus among 17 TipRanks analysts is for a Strong Buy rating of shares in Intuit, with an average price target of $768.94.
The analysts price targets range from a high of $850 to a low of $696.
In its latest earnings report, released on 10/31/2021, the company reported a quarterly revenue of $2.01 billion and a net profit of $195 million. The company's market cap is $183.48 billion.
According to TipRanks.com, Barclays analyst Raimo Lenschow is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 23.9% and a 68.33% success rate.
Incorporated in 1983, California-based Intuit, Inc., a software company, provides financial management solutions and compliance products and services for small businesses, accountants, and individuals. It operates through the following segments: Small Business and Self-Employed Group; Consumer Group; ProConnect Group and Credit Karma.