.jpg "Luxoft Holding (NYSE: LXFT)")
In a report released today, Arvind Ramnani from KeyBanc maintained a Buy rating on Luxoft Holding (NYSE: LXFT), with a price target of $57. The company’s shares closed yesterday at $46.25.
According to TipRanks.com, Ramnani is a 4-star analyst with an average return of 17.9% and a 85.5% success rate. Ramnani covers the Technology sector, focusing on stocks such as DXC Technology Company, Epam Systems Inc, and Accenture.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Luxoft Holding with a $49.67 average price target, a 7.4% upside from current levels. In a report issued on September 4, Cantor Fitzgerald also maintained a Buy rating on the stock with a $52 price target.
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The company has a one-year high of $59.05 and a one-year low of $31.50. Currently, Luxoft Holding has an average volume of 247.4K.
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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.
