Syntel (NASDAQ:SYNT) has been downgraded from Outperform to Mkt Perform in a statement by Barrington Research earlier today.
- Updated: September 21, 2016
Showing a price of $43.12, Syntel (NASDAQ:SYNT) traded 0.00% even on the day. With the last close down -4.89% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $44.72 and a two hundred day average of $45.33. Trade Volume was up over the average, with 643,804 shares of SYNT changing hands over the typical 311,289
Barrington Research has downgraded Syntel (NASDAQ:SYNT) from Outperform to Mkt Perform in a report released on 09/22/2016.
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With a total market value of $0, Syntel has P/E ratio of 13.78 with a 52 week low of $40.68 and a 52 week high of $50.92 .
Also covering Syntel's target, a total of 9 analysts have reported on the stock. The consensus target price is $48.67 with two brokers rating the stock a strong buy, 3 analysts rating the company a buy, seven brokerages rating the company a hold, zero equity analysts rating the company a underperform, and lastly zero analysts rating the company a sell.
About Syntel (NASDAQ:SYNT)
Syntel, Inc. (Syntel) is a global provider of digital transformation, information technology and knowledge process outsourcing services. The Company operates through five segments: Banking and Financial Services, which serves financial institutions around the world; Healthcare and Life Sciences, which serve various companies, including healthcare payers, providers, and pharmaceutical and medical device providers; Insurance, which serve the needs of property and casualty insurers, insurance brokers, personal, commercial, life and retirement insurance service providers; Manufacturing, which provides business consulting and technology services for industrial and automotive clients, and Retail, Logistics and Telecom, which serves a range of retailers and distributors, logistics clients and clients in the telecom industry. The Company offers its products and services under the Syntel brand.
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