Barrington Research Reiterates Buy Rating for CBZ
Barrington Research maintains its buy rating on CBZ with a $45 price target, a 44.14% upside from the current price.
Key Points
- On June 24, 2026, Barrington Research reiterated its buy rating for CBZ, setting a price target of $45.
- Barrington Research's $45 price target implies 44.14% upside from CBIZ, Inc.'s ($CBZ) current $31.22 share price.
- CBZ shares traded at $30.4 on Wednesday, reflecting investor interest following the analyst's reaffirmation.
- Institutional investors like FMR LLC and BlackRock have increased their holdings, showing confidence in CBZ.
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Barrington Research reaffirmed its buy rating on CBZ, setting a price target of $45 on June 24, 2026. Analyst Vincent Colicchio reiterated the firm's positive outlook on the stock. CBZ shares traded at $30.4 on Wednesday, reflecting continued investor interest.
Other Institutional Activity in CBZ
Several notable institutional investors have made moves in CBZ. FMR LLC increased its holdings by 378,136 shares to a total of 7,511,043 shares, valued at approximately $201.7 million, marking a 5.3% increase. BlackRock, Inc. also added 213,638 shares, bringing its total to 3,811,925 shares worth about $102.4 million, a 5.9% rise. Bank of Montreal /CAN/ significantly boosted its position by 1,256,256 shares, a 55.8% increase, ending with 3,507,905 shares valued at around $94.2 million. Meanwhile, Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both opened new positions with holdings of 2,146,587 and 2,072,824 shares, valued at $57.6 million and $55.7 million, respectively.
Insider Buying and Selling at CBIZ, Inc.
On May 15, 2026, several insiders at CBZ made identical purchases of 6,051 shares each. Among the buyers were Todd Slotkin, Rodney Young, Sherman Haag, Richard Marabito, Gina France, and Kathy Raffa. These transactions were not part of any pre-planned trading program.
Analysts Set New Price Targets
On June 24, 2026, Barrington Research reiterated its buy rating for CBZ with a $45 price target. Earlier this year, Stephens & Co. initiated coverage with a hold rating and a $31 target on April 10, 2026. BMO Capital also started coverage with a buy rating and a $33 target on March 30, 2026. Meanwhile, Deutsche Bank initiated with a hold rating and a $60 target back on January 12, 2026.
About CBZ
CBZ provides professional business services, including accounting, tax, and advisory services. The company serves a wide range of clients across various industries, helping them with financial and operational strategies. CBZ is headquartered in Cleveland, Ohio, and is known for its comprehensive solutions tailored to meet the unique needs of its clients.
Bottom Line
Barrington Research's reaffirmation of a buy rating with a $45 target reflects ongoing confidence in CBZ's potential. Institutional investors have been increasing their stakes, indicating a positive outlook. The insider buying activity further suggests optimism among company executives. As always, it's important to remember that these ratings and positions are based on past data and may not reflect current market conditions.
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