Barclays analyst Tavy Rosner maintained a Hold rating on Amdocs (DOX) yesterday and set a price target of $70. The company’s shares closed yesterday at $55.17, close to its 52-week low of $52.60.
According to TipRanks.com, Rosner is ranked #1794 out of 5153 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Amdocs with a $69.40 average price target, a 25.8% upside from current levels. In a report issued on January 28, Robert W. Baird also maintained a Hold rating on the stock.
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The company has a one-year high of $71.72 and a one-year low of $52.60. Currently, Amdocs has an average volume of 1.2M.
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Amdocs Ltd. is a holding company, which engages in the provision of software and services solutions for communications, entertainment, and media industries. It specializes in the development, implementation, and management of software and services associate with business support systems, operational support systems, service-driven network and other network solutions, entertainment offerings, and digital solutions. The company was founded in 1988 and is headquartered in Chesterfield, MO.
