In a report released today, Keith Bachman from BMO Capital maintained a Hold rating on Conduent Inc (CNDT), with a price target of $17. The company’s shares opened today at $15.29.
According to TipRanks.com, Bachman is a 5-star analyst with an average return of 16.4% and a 66.4% success rate. Bachman covers the Technology sector, focusing on stocks such as DXC Technology Company, Infosys Limited, and Salesforce.com.
Currently, the analyst consensus on Conduent Inc is a Hold with an average price target of $13.25.
See today’s analyst top recommended stocks >>
Based on Conduent Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.3 billion and GAAP net loss of $237 million. In comparison, last year the company earned revenue of $1.49 billion and had a net profit of $208 million.
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.
Conduent, Inc. engages in the provision of business process services with expertise in transaction-intensive processing, analytics, and automation. It operates through the following segments: Commercial Industries, Public Sector, and Other.
