Barrington Believes Exlservice Holdings (EXLS) Won’t Stop Here
In a report released today, Vincent Colicchio from Barrington maintained a Buy rating on Exlservice Holdings (EXLS), with a price target of $79. The company’s shares closed yesterday at $68.37, close to its 52-week high of $68.81.
“We are raising our 2019 non-GAAP EPS forecast to $2.92 from $2.91 and our 2020 non-GAAP EPS forecast to $3.28 from $3.25.”
According to TipRanks.com, Colicchio is a 1-star analyst with an average return of -1.3% and a 53.9% success rate. Colicchio covers the Technology sector, focusing on stocks such as Sykes Enterprises Inc, Computer Task, and HealthStream.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Exlservice Holdings with a $71.25 average price target, which is a 4.2% upside from current levels. In a report released yesterday, Needham also maintained a Buy rating on the stock with a $75 price target.
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Exlservice Holdings’ market cap is currently $2.35B and has a P/E ratio of 51.71. The company has a Price to Book ratio of 3.65.
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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.