Analyst Rating Update on Computer Sciences Corporation (CSC)

Computer Sciences Corporation (NYSE:CSC) : Zacks Investment Research ranks Computer Sciences Corporation (NYSE:CSC) as 3, which is a Hold recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 8 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 10 research analysts is 2.6, which indicates as a Hold.

Computer Sciences Corporation (NYSE:CSC) : Currently there are 7 street experts covering Computer Sciences Corporation (NYSE:CSC) stock. The most bullish and bearish price target for the stock is $55 and $30 respectively for the short term. The average price target of all the analysts comes to $44.86. The estimated standard deviation from the target is $9.1.

Company shares have received an average consensus rating of Hold for the current week Also, Barclays upgrades its rating on Computer Sciences Corporation (NYSE:CSC). Analysts at the Barclays have a current rating of Overweight on the shares. The shares were previously rated Equal-weight. The rating by the firm was issued on May 25, 2016.

Computer Sciences Corporation (NYSE:CSC): stock turned positive on Tuesday. Though the stock opened at $47.38, the bulls momentum made the stock top out at $47.72 level for the day. The stock recorded a low of $47.17 and closed the trading day at $47.59, in the green by 1.54%. The total traded volume for the day was 1,722,745. The stock had closed at $46.87 in the previous days trading.

In an insider trading activity, The officer (Exec VP & GM GBS), of Computer Sciences Corp, Smith James R had unloaded 33,751 shares at $51.2 per share in a transaction on June 20, 2016. The total value of transaction was $1,728,051. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

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

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