In a report released today, Keith Bachman from BMO Capital maintained a Buy rating on DXC Technology Company (NYSE: DXC), with a price target of $110. The company’s shares closed yesterday at $87.08.
According to TipRanks.com, Bachman is a 5-star analyst with an average return of 16.9% and a 69.8% success rate. Bachman covers the Technology sector, focusing on stocks such as Infosys Limited, Salesforce.com, and New Relic Inc.
DXC Technology Company has an analyst consensus of Moderate Buy, with a price target consensus of $102.17, which is a 17.3% upside from current levels. In a report issued on July 28, CFRA also maintained a Buy rating on the stock with a $105 price target.
.
See today’s analyst top recommended stocks >>
Based on DXC Technology Company’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $5.28 billion and net profit of $259 million. In comparison, last year the company earned revenue of $5.91 billion and had a net profit of $159 million.
Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
DXC Technology Co. provides technology consulting, outsourcing and support services. It operates through the following segments: Global Business Services (GBS), Global Infrastructure Services (GIS) and United States Public Sector (USPS).
