.png "Exlservice Holdings (NASDAQ: EXLS)")
Barrington analyst Vincent Colicchio maintained a Buy rating on Exlservice Holdings (NASDAQ: EXLS) today and set a price target of $70. The company’s shares closed yesterday at $62.
Colicchio noted:
“We have a positive view on EXL given their broad service portfolio and large list of blue‐chip clients in the large and growing business‐process management (BPM) market.”
According to TipRanks.com, Colicchio is a 3-star analyst with an average return of 1.7% and a 44.9% success rate. Colicchio covers the Technology sector, focusing on stocks such as Sykes Enterprises Inc, Convergys Corp, and Computer Task.
Currently, the analyst consensus on Exlservice Holdings is a Moderate Buy with an average price target of $70.50, representing a 13.7% upside. In a report released yesterday, Cantor Fitzgerald also maintained a Buy rating on the stock with a $71 price target.
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Based on Exlservice Holdings’ latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $14.46 million. In comparison, last year the company had a net profit of $21.08 million.
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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.
