Zacks Rating on Xerox Corporation (XRX)

Xerox Corporation (XRX) : The consensus on Xerox Corporation (XRX) based on 5 analyst recommendation on the company stock is 3, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Xerox Corporation (XRX) : Currently there are 5 street experts covering Xerox Corporation (XRX) stock. The most bullish and bearish price target for the stock is $12 and $10 respectively for the short term. The average price target of all the analysts comes to $10.96. The estimated standard deviation from the target is $0.66.


Xerox Corporation has lost 0.31% in the last five trading days and dropped 1.31% in the last 4 weeks. Xerox Corporation is up 6.1% in the last 3-month period. Year-to-Date the stock performance stands at -6.7%. Xerox Corporation (NYSE:XRX): stock turned positive on Tuesday. Though the stock opened at $9.78, the bulls momentum made the stock top out at $9.82 level for the day. The stock recorded a low of $9.72 and closed the trading day at $9.76, in the green by 0.51%. The total traded volume for the day was 4,522,383. The stock had closed at $9.71 in the previous days trading.

Xerox Corporation is engaged in offering business process and document management solutions. The Company operates through the following segments: Services, Document Technology and Other. The Companys customers include small and midsize businesses (SMBs), graphic communications companies, Governmental entities, educational institutions and Fortune 1000 corporate accounts. The Companys Services segment provides two types of service offerings: Business Process Outsourcing (BPO) and Document Outsourcing (DO). It provides multi-industry offerings, such as customer care, transaction processing, finance and accounting, and human resources, as well as industry focused offerings in areas , such as healthcare, transportation, financial services, retail and telecommunications. The Companys Document Technology segment includes the sale of products and supplies, as well as the associated technical service and financing of those products.

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