In a report released yesterday, Joseph Vafi from Canaccord Genuity maintained a Hold rating on Unisys (UIS), with a price target of $12.50. The company’s shares closed last Monday at $11.56.
According to TipRanks.com, Vafi is a 5-star analyst with an average return of 21.6% and a 69.5% success rate. Vafi covers the Technology sector, focusing on stocks such as Fidelity National Info, Paypal Holdings, and Coupa Software.
The word on The Street in general, suggests a Hold analyst consensus rating for Unisys with a $12.50 average price target.
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Unisys’ market cap is currently $727.9M and has a P/E ratio of 0.70. The company has a Price to Book ratio of -1.32.
Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of UIS in relation to earlier this year.
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.
Unisys Corp. is a global information technology company that builds high-performance, security-centric solutions for clients across the government, financial services and commercial markets. It operates through the following segments: Services and Technology. The Services segment consists of cloud and infrastructure services, application services, and business process outsourcing services. The Technology segment designs and develops software and offers hardware and other related products. The company was founded in 1986 and is headquartered in Blue Bell, PA.
