In a report released today, Vincent Colicchio from Barrington maintained a Hold rating on Convergys Corp (NYSE: CVG). The company’s shares closed yesterday at $24.31.
Colicchio commented:
“We are maintaining our 2018 and 2019 non- GAAP EPS forecasts of $1.69 and $1.79, respectively.”
According to TipRanks.com, Colicchio is a 3-star analyst with an average return of 3.1% and a 55.2% success rate. Colicchio covers the Technology sector, focusing on stocks such as Sykes Enterprises Inc, Exlservice Holdings, and Computer Task.
Currently, the analyst consensus on Convergys Corp is a Hold with an average price target of $25, a 2.8% upside from current levels. In a report issued on August 7, Robert W. Baird also reiterated a Hold rating on the stock with a $25 price target.
.
See today’s analyst top recommended stocks >>
Convergys Corp’s market cap is currently $2.21B and has a P/E ratio of 27.66. The company has a Price to Book ratio of 1.64.
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.
Convergys Corp. engages in the provision of integrated agent, analytics and technology solutions. It offers sales, customer care, customer retention, technical support, collections, analytics, and omnichannel technology. The company was founded in 1998 and is headquartered in Cincinnati, OH.
