Analyst Price Target Update on Computer Sciences Corporation (NYSE:CSC)

Computer Sciences Corporation (NYSE:CSC): 7 Analyst have given the stock of Computer Sciences Corporation (NYSE:CSC) a near short term price target of $44.86. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $9.1. The higher price target estimate is at $55 while the lower price estimates are fixed at $30.

Many analysts have stated their opinion on the company shares. In the latest statement by the brokerage house, Barclays upgrades its outlook on Computer Sciences Corporation (NYSE:CSC). The current rating of the shares is Overweight, according to the research report released by the firm. Previously, the company had a rating of Equal-weight. The rating by the firm was issued on May 25, 2016. Company shares have received an average consensus rating of Hold for the current week

On the companys insider trading activities,The director officer (Chairman, President and CEO) of Computer Sciences Corp, Lawrie John M sold 4,300 shares at $49.62 on June 2, 2016. The Insider selling transaction had a total value worth of $213,366. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Computer Sciences Corporation (NYSE:CSC) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.09 points or 0.17% at $51.56 with 1,432,425 shares getting traded. Post opening the session at $51.34, the shares hit an intraday low of $51.1 and an intraday high of $51.79 and the price was in this range throughout the day. The company has a market cap of $7,119 million and the number of outstanding shares have been calculated to be 138,066,690 shares. The 52-week high of Computer Sciences Corporation (NYSE:CSC) is $52.55 and the 52-week low is $24.27.

Computer Sciences Corporation (CSC) is a global provider of information technology (IT) and professional services and solutions. The Company operates through three segments: Global Business Services (GBS), which is a provider of various technology solutions, including consulting, applications services and software; Global Infrastructure Services (GIS), which provides solutions, such as managed and virtual desktop solutions, and data center management, and North American Public Sector (NPS), which delivers IT, mission and operations-related services. Its subsidiary, ServiceMesh Inc. (ServiceMesh), is a provider of enterprise cloud management software. ServiceMesh also provides various other services, such as tiered services levels, different levels of security, self-service options, governance, policy and real time monitoring. CSCs subsidiary, Fruition Partners, provides technology-enabled solutions for the service-management sector and provides support for ServiceNow-related software

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *