In a report released today, David Williams from Drexel Hamilton maintained a Buy rating on Science Applications (SAIC), with a price target of $90. The company’s shares opened today at $66.74, close to its 52-week low of $63.15.
Williams wrote:
“We see the EGL deal closing in January and believe the revenue, margins, and cash generation goals of the EGL deal are achievable over the next two years.”
According to TipRanks.com, Williams is ranked #2435 out of 5107 analysts.
Science Applications has an analyst consensus of Moderate Buy, with a price target consensus of $83.75.
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Science Applications’ market cap is currently $2.86B and has a P/E ratio of 14.68. The company has a Price to Book ratio of 6.96.
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Science Applications International Corp. engages in the provision of engineering, systems integration and information technology services. It offers technology and equipment platform integration; maintenance of ground and maritime systems; logistics; training and simulation; operation and program support services; and end-to-end services spanning the design, development, integration, deployment, management and operations, sustainment and security of its customer’s information technology infrastructure. The company was founded by J. Robert Beyster in 1969 and is headquartered in McLean, VA.
