Amdocs Limited (DOX) : 8 analysts are covering Amdocs Limited (DOX) and their average rating on the stock is 2.25, which is read as a Buy. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Amdocs Limited (DOX) : The most positive equity analysts on Amdocs Limited (DOX) expects the shares to touch $65, whereas, the least positive believes that the stock will trade at $58 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $62.14 with an expected fluctuation of $2.79 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. Amdocs Limited (NASDAQ:DOX): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $58.40 and $58.40 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $59.19. The buying momentum continued till the end and the stock did not give up its gains. It closed at $59.12, notching a gain of 1.39% for the day. The total traded volume was 1,020,627 . The stock had closed at $58.31 on the previous day.
Amdocs Limited (Amdocs) is a provider of software and services for communications, media and entertainment industry. The Company designs, develops, markets, supports, implements and operates customer experience systems for wireless, wireline, cable and satellite service providers across the world. Amdocs also offers a range of advertising and media solutions for local marketing service providers, and search and directory publishers. Its customers are in North America, Europe, Latin America and the Asia-Pacific region. The Companys software portfolio of customer experience enabling products spans the Revenue Management, Customer Management, Operational Support Systems (OSS), Network Control, Network Optimization, Mobile Financial Services and Digital Lifestyle Services. It offers a suite of services to advise, transform, support and optimize business and technology processes. In addition, the Company offers learning services to develop competency in Amdocs systems and applications.