.png "Exlservice Holdings (NASDAQ: EXLS)")
After Stifel Nicolaus and Barrington gave Exlservice Holdings (NASDAQ: EXLS) a Buy rating last month, the company received another Buy, this time from Cantor Fitzgerald. Analyst Joseph Foresi maintained a Buy rating on Exlservice Holdings today and set a price target of $71. The company’s shares opened today at $57.13.
Foresi said:
“: We maintain our Overweight rating and 12-month price target of $71 on EXLServices. We recently traveled with management. We believe the defensive BPO names are becoming increasingly more attractive for investors looking for safety in a volatile market. The demand environment remains healthy with Analytics, a key differentiator/driver. We expect margin expansion in 2019 and continue to look for a second derivatives catalyst.”
According to TipRanks.com, Foresi is a top 25 analyst with an average return of 16.4% and a 75.4% success rate. Foresi covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Fidelity National Info, and DXC Technology Company.
Exlservice Holdings has an analyst consensus of Strong Buy, with a price target consensus of $70.
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Exlservice Holdings’ market cap is currently $1.96B and has a P/E ratio of 46.60. The company has a Price to Book ratio of 3.42.
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ExlService Holdings, Inc. is an operations management and analytics company, which engagegs in the provision of business process management. It operates through the following segments: Insurance; Healthcare; Travel, Transportation, and Logistics; Finance and Accounting; Analytics; and All Other.
