Wells Fargo Sticks to Its Hold Rating for Science Applications (SAIC)


In a report released yesterday, Edward Caso from Wells Fargo maintained a Hold rating on Science Applications (NYSE: SAIC). The company’s shares closed yesterday at $81.65.

Caso has an average return of 10.4% when recommending Science Applications.

According to TipRanks.com, Caso is ranked #1853 out of 4871 analysts.

Science Applications has an analyst consensus of Moderate Buy, with a price target consensus of $91.25, representing an 11.8% upside. In a report released yesterday, Drexel Hamilton also maintained a Hold rating on the stock.

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Science Applications’ market cap is currently $3.86B and has a P/E ratio of 20.07. The company has a Price to Book ratio of 10.80.

Based on the recent corporate insider activity of 75 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

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