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Luxoft Holding Inc (NYSE:LXFT) stock price target increased to $59.00, released a research note earlier today by Zacks Investment Research

Zacks Investment Research raised the target price of Luxoft Holding Inc (NYSE:LXFT) to $59.00 reporting a possible upside of 0.12%.

Yesterday Luxoft Holding Inc (NYSE:LXFT) traded -0.55% lower at $52.57. The company’s 50-day moving average is $52.98 and its 200-day moving average is $55.62. The last closing price is down -6.16% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Trade Volume was down over the average, with 173,812 shares of LXFT changing hands under the typical 323,018

Recent Performance Chart

Luxoft Holding Inc (NYSE:LXFT)

Luxoft Holding Inc has PE ratio of 25.46 with a one year low of $46.58 and a one year high of $80.64 and has a market capitalization of $0.

A total of 10 brokerages have released a report on Luxoft Holding Inc. Five brokerages rating the stock a strong buy, 4 brokerages rating the stock a buy, 4 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 analysts rating the company a sell with a one year target of $68.39.

More About Luxoft Holding Inc (NYSE:LXFT)

Luxoft Holding, Inc. is a provider of software development services and information technology solutions to a client base consisting of multinational corporations. The Company's software development services consist of custom software development and support, product engineering and testing, and technology consulting. Its products and platforms include Horizon, SuperCloud, Twister, iStockTrack, TEORA, Populus, AllView, CVNAR and Retail Engagement Suite (RES) in Internet of Things (IoT) space. Its advisory, platform architecture selection and packaged software services include consulting and implementation of Murex and Open Link, technology consulting, and in-house products and platforms. It is focused on over six industry verticals, including financial services; automotive and transport; telecommunications; travel and aviation; technology, and energy. It operates in the United States, Romania, the United Kingdom, Switzerland, Russia, Poland, Ukraine, Luxembourg, Germany and Cyprus.

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