Computer Sciences (NYSE:CSC) has been upgraded from Neutral to Buy in a statement by Citigroup today.
- Updated: October 13, 2016
Yesterday Computer Sciences (NYSE:CSC) traded 0.43% higher at $51.48. The company’s 50-day moving average is $49.38 and its 200-day moving average is $44.46. With the last closing price up 16.29% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Volume of trade was down over the average, with 346,409 shares of CSC changing hands under the typical 1,448,840
Citigroup has upgraded Computer Sciences (NYSE:CSC) from Neutral to Buy in a report released on 10/13/2016.
Recent Performance Chart
Computer Sciences has 52 week low of $24.27 and a 52 week high of $53.46 with a PE ratio of 106.82 and has a market capitalization of $0.
In addition to Citigroup reporting its target price, a total of 14 firms have reported 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 firms rating the stock a sell.
General Information About Computer Sciences (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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