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A report released today by Pivotal Research Group about Luxoft Holding (NYSE:LXFT) ups the target price to $70.00

In a report announced on Tuesday December 05, 2017 Pivotal Research Group upped the price target of Luxoft Holding (NYSE:LXFT) to $70.00 stating a potential upside of 0.50%.

On 11/20/2017, UBS Securities released a statement on Luxoft Holding (NYSE:LXFT) bumped up the target price from $51.00 to $55.00 that suggested an upside of 0.06%.

Displaying a price of $46.55, Luxoft Holding (NYSE:LXFT) traded 3.13% higher on the day. The last stock price is down -19.31% from the 200-day moving average, compared to the S&P 500 which has increased 0.01% over the date range. Luxoft Holding has recorded a 50-day average of $51.56 and a two hundred day moving average of $59.24. 223,178 shares of the stock were exchanged, down from an average trading volume of 261,042

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Luxoft Holding (NYSE:LXFT)

Luxoft Holding has a 52 week low of $40.15 and a 52 week high of $67.85 with a P/E ratio of 29.91 The company’s market cap is currently $0.

In addition to Pivotal Research Group reporting its target price, a total of 10 firms have reported on the stock. The consensus target price is $68.39 with 5 firms rating the stock a strong buy, 4 firms rating the stock a buy, 4 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Luxoft Holding (NYSE:LXFT)

Luxoft Holding, Inc., is a provider of software development services and information technology (IT) solutions to a global client base consisting primarily of large multinational corporations. The Company's software development services consist of custom software development and support, product engineering and testing, and technology consulting. The Company's solutions are based on its proprietary products and platforms that directly impact its clients' business outcomes and efficiently deliver continuous innovation. The Company develops its solutions and delivers its services from 34 cities with delivery centers worldwide. Its products and platforms include Horizon, SuperCloud, Twister, iStockTrack, TEORA, Populus, AllView, CVNAR and Retail Engagement Suite (RES) in Internet of Things (IoT) space.

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