Stifel Nicolaus Sticks to Its Hold Rating for DXC Technology Company (DXC)


Stifel Nicolaus analyst David Grossman reiterated a Hold rating on DXC Technology Company (NYSE: DXC) yesterday and set a price target of $87. The company’s shares closed yesterday at $88.99.

According to TipRanks.com, Grossman is a 5-star analyst with an average return of 18.6% and a 71.7% success rate. Grossman covers the Technology sector, focusing on stocks such as Automatic Data Processing, Infosys Limited, and Wageworks Inc.

DXC Technology Company has an analyst consensus of Moderate Buy, with a price target consensus of $101, a 13.5% upside from current levels. In a report released yesterday, Cantor Fitzgerald also maintained a Hold rating on the stock with a $87 price target.

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DXC Technology Company’s market cap is currently $25.4B and has a P/E ratio of 13.93. The company has a Price to Book ratio of 1.88.

Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock.

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DXC Technology Co. provides technology consulting, outsourcing and support services. It operates through the following segments: Global Business Services (GBS), Global Infrastructure Services (GIS) and United States Public Sector (USPS).

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