In a report released today, Jim Suva from Citigroup maintained a Buy rating on Xerox Corp (NYSE: XRX), with a price target of $34. The company’s shares opened today at $26.73.
According to TipRanks.com, Suva is a 4-star analyst with an average return of 7.0% and a 56.7% success rate. Suva covers the Consumer Goods sector, focusing on stocks such as Keysight Technologies, Motorola Solutions, and Sanmina-Sci Corp.
Xerox Corp has an analyst consensus of Moderate Buy, with a price target consensus of $34.50.
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Xerox Corp’s market cap is currently $6.8B and has a P/E ratio of 63.88. The company has a Price to Book ratio of 1.26.
Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is neutral on the stock.
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Xerox Corp. engages in the integration of paper and digital products. It operates through the following segments: Document Technology, Services, and Other. The Document Technology segment focuses on strategic products groups, which share common technology, manufacturing, and product platforms.
