Analyst Rating Update on Lexmark International (LXK)

Lexmark International (LXK) : 2 analysts are covering Lexmark International (LXK) and their average rating on the stock is 3, which is read as a Hold. 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 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Company shares have received an average consensus rating of Hold for the current week


Lexmark International (NYSE:LXK): The stock opened at $36.32 on Wednesday but the bulls could not build on the opening and the stock topped out at $36.41 for the day. The stock traded down to $35.81 during the day, due to lack of any buying support eventually closed down at $36.03 with a loss of -1.07% for the day. The stock had closed at $36.42 on the previous day. The total traded volume was 1,137,904 shares.

Lexmark International Inc. (Lexmark) is a developer, manufacturer and supplier of printing, imaging, device management, managed print services (MPS), document workflow and business process and content management solutions. The Company operates in two segments: Imaging Solutions and Services (ISS) and Perceptive Software. It serves both the distributed printing and imaging, and content and process management markets with a focus on business customers. Lexmarks enterprise content and process management software platform supports traditional business content, as well as media and industry-specific content, such as medical image content and includes enterprise search, intelligent capture, document output management (DOM) and business process and case management. Lexmarks healthcare offering includes an industry content repository and vendor neutral archive (VNA) that integrates all patient unstructured information across the enterprise to enable access.

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