Computer Sciences Corporation (NYSE:CSC) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.6 by 10 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 8 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. In a research note released to the investors, Barclays upgrades its rating on Computer Sciences Corporation (NYSE:CSC).The analysts at the brokerage house have a current rating of Overweight on the shares. Earlier, the shares were rated a Equal-weight by the brokerage firm. The rating by the firm was issued on May 25, 2016.
Computer Sciences Corporation (NYSE:CSC): 7 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $44.86 in Computer Sciences Corporation (NYSE:CSC). However, the stock price could fluctuate by $ 9.1 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $55 price target with the lower price estimate is calculated at $30
Tuesdays trading session turned out to be a no-profit no-loss event for Computer Sciences Corporation (NYSE:CSC). The opening trade occurred at $51.19 and the highest and the lowest points of the day were $51.38 and $50.87 respectively. The final trade was registered at $51.13 and the volume by the end of the day had touched 1,597,402 shares. The 52-week high of the stock is $52.55 and the 52-week low is $24.27. According to the current valuation, the market cap of the company is $7,083 million and the total number of shares available in public circulation is 138,523,520.
Computer Sciences Corporation has dropped 1.08% in the last five trading days, however, the shares have posted positive gains of 46.43% in the last 4 weeks. Computer Sciences Corporation is up 62.9% in the last 3-month period. Year-to-Date the stock performance stands at 57.52%.
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