Computer Sciences Corporation (CSC) Receives Price Target

Computer Sciences Corporation (CSC) : The consensus price target for Computer Sciences Corporation (CSC) is $51.71 for the short term with a standard deviation of $6.16. The most optimist securities analyst among the 7 who monitor the stock believes that the stock can reach $63, however, the pessimist price target for the company is $45.

Computer Sciences Corporation (CSC) : 10 analysts are covering Computer Sciences Corporation (CSC) and their average rating on the stock is 2.6, which is read as a Hold. 2 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 8 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.


Also, Equity Analysts at the Brokerage Firm, Morgan Stanley, maintains their rating on the shares of Computer Sciences Corporation (NYSE:CSC). Morgan Stanley has a Equal-weight rating on the shares. As per the latest research report, the brokerage house lowers the price target to $53 per share from a prior target of $55. The rating by the firm was issued on August 9, 2016.

Computer Sciences Corporation (NYSE:CSC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $47.09 and $46.87 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $48.37. The buying momentum continued till the end and the stock did not give up its gains. It closed at $47.63, notching a gain of 1.25% for the day. The total traded volume was 2,020,134 . The stock had closed at $47.04 on the previous day.

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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