Recruiter Robert Half shares could rally-Barron's
NEW YORK, Dec 23 (Reuters) - Shares of Robert Half International (RHI.N), a recruiting company for accountants and other financial professionals, are poised to rise after falling some 40 percent since February, Barron's reported on Sunday.
Many staffing companies' shares have been hit by recession concerns. But Robert Half is well positioned to perform well in part because U.S. companies need finance professionals to comply with Sarbanes-Oxley corporate law reform laws.
The company's shares, which closed at $26.90 on Friday, could be trading around $40 by the end of 2008, Barron's said. (Reporting by Dan Wilchins)
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