Convergys Corporation (CVG) Receives Price Target

Convergys Corporation (CVG) : Average target price received by Convergys Corporation (CVG) is $33 with an expected standard deviation of $2.83. The most aggressive target on the stock is $35, whereas the most downbeat target is $31. 2 financial analysts are currently covering the stock.

Convergys Corporation (CVG) has an average broker rating of 2.5, which is interpreted as a Buy, as rated by 4 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.


Also, Citigroup maintains its view on Convergys Corporation (NYSE:CVG) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Citigroup raises the price target from $28 per share to $30 per share on Convergys Corporation. The rating by the firm was issued on August 10, 2016.

Convergys Corporation (NYSE:CVG): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $29.79 and $29.61 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $29.99. The buying momentum continued till the end and the stock did not give up its gains. It closed at $29.96, notching a gain of 0.44% for the day. The total traded volume was 413,227 . The stock had closed at $29.83 on the previous day.

Convergys Corporation (Convergys) provides customer management services. The Company serves brands in industries, such as communications and media, technology, financial services, retail and healthcare. The Company invests in a combination of global quality delivery, comprehensive solutions and close client engagement. The Company invests in solutions consisting of services, technology and analytics that support the life-cycle of contact types, including service, sales, retention and collections. Its analytics and consulting solutions are post-contact surveys, relational loyalty research, segmentation and profiling, repeat call analysis, agent path analysis, customer interaction assessment, chat optimization and integrated contact center analytics.

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