Computer Sciences Corporation (NYSE:CSC) has been upgraded to Buy in a report by Citigroup Inc. today.
- Updated: October 15, 2016
Citigroup Inc. has upgraded Computer Sciences Corporation (NYSE:CSC) to Buy in a statement released on 10/13/2016.
Showing a price of $51.48, Computer Sciences Corporation (NYSE:CSC) traded 2.36% higher on the day. With the last stock price close up 21.30% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. CSC has recorded a 50-day moving average of $49.77 and a 200-day moving average of $44.67. 2,608,602 shares of CSC traded, up from an average trading volume of 1,482,610
Recent Performance Chart
With a total market value of $0, Computer Sciences Corporation has price-earnings ratio of 111.96 with a 52 week low of $24.27 and a 52 week high of $54.56 .
In addition to Citigroup Inc. reporting its target price, a total of 14 brokers have issued a report on the stock. The consensus target price is $33.29 with 2 firms rating the stock a strong buy, 2 firms rating the stock a buy, 13 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Computer Sciences Corporation (NYSE:CSC)
Computer Sciences Corporation (CSC) is a global provider of information technology (IT) and professional services and solutions. The Company operates through two segments: Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment provides various technology solutions, including consulting, applications services and software. GBS has three primary growth engines: end-to-end applications services, consulting services, big data services and industry-aligned software and solutions. The GIS segment provides managed and virtual desktop solutions, unified communications and collaboration services, data center management, cyber security, compute and managed storage solutions to commercial clients across the globe. GIS also delivers CSC's various cloud offerings, including Infrastructure as a Service (IaaS), private cloud solutions, CloudMail and Storage as a Service (SaaS). The Company has operations throughout North America, Europe, Asia and Australia.
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