In a report released today, Charles Brennan from Credit Suisse maintained a Hold rating on Luxoft Holding (NYSE: LXFT), with a price target of $48. The company’s shares closed yesterday at $47.20.
According to TipRanks.com, Brennan is ranked #1855 out of 4875 analysts.
Luxoft Holding has an analyst consensus of Moderate Buy, with a price target consensus of $54.50.
See today’s analyst top recommended stocks >>
Based on Luxoft Holding’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $4.7 million. In comparison, last year the company had a net profit of $6.32 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.
Luxoft Holding, Inc. engages in the provision of software development and information technology solutions. It operates through the following geographical segments: North America, Europe (excl. UK), United Kingdom, Russia, Asia-Pacific (APAC), and Other. The company was founded in March 2000 and is headquartered in Zug, Switzerland.
