Shares of Infosys Limited (NYSE:INFY – Get Free Report) have earned a consensus rating of “Hold” from the ten brokerages that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, three have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $19.78.
A number of equities research analysts have recently commented on INFY shares. Guggenheim reissued a “neutral” rating on shares of Infosys in a research note on Friday, January 17th. Hsbc Global Res upgraded Infosys from a “hold” rating to a “strong-buy” rating in a report on Monday, December 9th. StockNews.com downgraded Infosys from a “buy” rating to a “hold” rating in a report on Monday, March 10th. CLSA upgraded Infosys from a “hold” rating to an “outperform” rating in a report on Friday, March 7th. Finally, HSBC upgraded Infosys from a “hold” rating to a “buy” rating in a report on Monday, December 9th.
View Our Latest Analysis on INFY
Institutional Investors Weigh In On Infosys
Infosys Trading Up 1.0 %
INFY opened at $18.59 on Tuesday. The stock has a fifty day simple moving average of $21.16 and a two-hundred day simple moving average of $22.03. The company has a market cap of $76.98 billion, a price-to-earnings ratio of 23.53, a price-to-earnings-growth ratio of 3.50 and a beta of 1.01. Infosys has a 12-month low of $16.04 and a 12-month high of $23.81.
Infosys (NYSE:INFY – Get Free Report) last released its earnings results on Thursday, January 16th. The technology company reported $0.19 EPS for the quarter, hitting analysts’ consensus estimates of $0.19. Infosys had a return on equity of 31.60% and a net margin of 17.28%. During the same period in the previous year, the company earned $0.18 EPS. On average, analysts predict that Infosys will post 0.74 EPS for the current year.
Infosys Company Profile
Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, Communication, Energy, Utilities, Resources, and Services, Manufacturing, Hi-Tech, Life Sciences, and All Other.
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