DXC Technology (NYSE:DXC) Receives Consensus Recommendation of “Hold” from Analysts

DXC Technology (NYSE:DXC) Receives Consensus Recommendation of “Hold” from Analysts

  • Technology
  • May 15, 2022
  • No Comment
  • 53
  • 5 minutes read



DXC Technology (NYSE: DXC – Get Rating) has received a consensus rating of “Hold” by the twelve analysts currently covering the company, Marketbeat Ratings reports. Two equity research analysts have rated the shares with a sell rating, two have given a hold rating and five have issued a buy rating to the company. The 1-year average price target among brokers who have covered the shares over the past year is $ 41.75.

DXC has been the subject of several recent research reports. Cowen lowered the target price of DXC Technology shares from $ 50.00 to $ 45.00 in a research note on Thursday, February 3rd. BMO Capital Markets lowered the target price of DXC Technology shares from $ 40.00 to $ 35.00 in a research note on Tuesday, January 25th. Citigroup lowered its DXC Technology stock price target from $ 45.00 to $ 43.00 in a research note on Wednesday, April 20th. JPMorgan Chase & Co. it lowered its DXC Technology stock price target from $ 41.00 to $ 39.00 and set an “underweight” rating on the shares in a research note on Tuesday, March 22nd. Finally, Bank of America downgraded DXC Technology’s shares from a “buy” rating to a “low-yield” rating and lowered its share price target from $ 45.00 to $ 30.00. in a research note on Wednesday, March 9th.

Several hedge funds and other institutional investors have recently bought and sold shares in the company. CAPROCK Group Inc. increased its stake in DXC Technology by 5.1% during the first quarter. CAPROCK Group Inc. it now owns 7,381 shares of the company’s shares valued at $ 241,000 after buying an additional 361 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in DXC Technology shares by 18.8% during the fourth quarter. Daiwa Securities Group Inc. it now owns 2,344 shares of the company’s shares valued at $ 75,000 after buying an additional 371 shares during the last quarter. Kentucky Retirement Systems Insurance Trust Fund increased its stake in DXC Technology shares by 6.0% during the fourth quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 6,648 shares of the company’s shares valued at $ 214,000 after buying an additional 374 shares during the last quarter. Arizona’s state-owned retirement system increased its stake in DXC Technology shares by 0.6% in the first quarter. The Arizona State Retirement System now owns 68,184 shares of the company’s shares valued at $ 2,225,000 after buying an additional 385 shares during the last quarter. Finally, Kentucky Retirement Systems increased its stake in DXC Technology shares by 2.6% during the first quarter. Kentucky Retirement Systems now owns 15,583 shares of the company’s shares valued at $ 508,000 after buying an additional 402 shares during the last quarter. Institutional investors own 89.41% of the company’s shares.

Shares of NYSE: DXC opened at $ 29.67 on Friday. DXC Technology has a 12 month low of $ 27.28 and a 12 month high of $ 44.18. The company’s 50-day moving average price is $ 30.91 and the two-hundred-day moving average price is $ 32.06. The company has a fast ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $ 7.25 billion, a P / E ratio of -12.21, a P / E / G ratio of 0.24 and a beta of 2.15.

DXC Technology company profile (Get a score)

DXC Technology Company, along with its subsidiaries, provides information technology services and solutions primarily in North America, Europe, Asia and Australia. It operates in two segments, Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment offers a portfolio of analytics services and a broad ecosystem of partners that help its customers gain information quickly, automate operations, and accelerate their digital transformation journeys; and software engineering and solutions that enable companies to execute and manage their critical functions, transform their operations, and develop new ways of doing business.

Featured articles

Analyst Recommendations for DXC Technology (NYSE: DXC)



Get news and scores for DXC Technology Daily – Enter your email address below to receive a concise daily summary of the latest news and ratings from DXC Technology analysts and companies related to the FREE Daily MarketBeat.com email newsletter.



Source link

Related post

Interactive Whiteboard Global Market Report 2022

Interactive Whiteboard Global Market Report 2022

ReportLinker Key players in the interactive whiteboard market are Boxlight Corporation, Cisco System, Inc., Foxconn Technology Group, Google, Inc., Hitachi, Ltd.,…
Interactive Whiteboard Global Market Report 2022

Interactive Whiteboard Global Market Report 2022

ReportLinker Key players in the interactive whiteboard market are Boxlight Corporation, Cisco System, Inc., Foxconn Technology Group, Google, Inc., Hitachi, Ltd.,…
Penn State Harrisburg workshop explores agriculture in the classroom

Penn State Harrisburg workshop explores agriculture in the classroom

Throughout the week, teachers from the Harrisburg region, and as far away as Rhode Island, participated in activities that included learning…

Leave a Reply

Your email address will not be published.