DXC Technology Company. (NYSE:DXC) had its target price lifted by Citigroup Inc. to $107.00 in a research note issued to investors on Wednesday morning, The Fly reports.

Several other brokerages also recently commented on DXC. Royal Bank Of Canada increased their price objective on shares of DXC Technology Company. from $87.00 to $99.00 and gave the company an outperform rating in a research note on Wednesday. Morgan Stanley reaffirmed an overweight rating and set a $104.00 price target (up previously from $86.00) on shares of DXC Technology Company. in a research note on Wednesday, October 18th. They noted that the move was a valuation call. Evercore ISI started coverage on shares of DXC Technology Company. in a research note on Tuesday, October 17th. They set an outperform rating and a $115.00 price target for the company. Cantor Fitzgerald raised their price target on shares of DXC Technology Company. from $79.00 to $87.00 and gave the company a neutral rating in a research note on Friday, October 13th. Finally, Zacks Investment Research raised shares of DXC Technology Company. from a hold rating to a buy rating and set a $102.00 target price for the company in a research note on Friday, October 20th. Three research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of Buy and a consensus price target of $99.56.

DXC Technology Company. (DXC) traded up $1.31 during midday trading on Wednesday, hitting $95.94. 1,290,200 shares of the company traded hands, compared to its average volume of 1,620,620. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.00 and a quick ratio of 1.18. The firm has a market cap of $27,368.71, a price-to-earnings ratio of 17.51, a price-to-earnings-growth ratio of 1.69 and a beta of 1.01. DXC Technology Company. has a twelve month low of $67.76 and a twelve month high of $99.00.

DXC Technology Company. (NYSE:DXC) last posted its quarterly earnings results on Tuesday, November 7th. The company reported $1.93 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.53 by $0.40. The business had revenue of $6.16 billion for the quarter, compared to analyst estimates of $6.07 billion. DXC Technology Company. had a net margin of 1.88% and a return on equity of 17.83%. The business’s quarterly revenue was up 229.4% compared to the same quarter last year. equities research analysts predict that DXC Technology Company. will post 7.17 earnings per share for the current year.

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In other news, CFO Paul N. Saleh sold 80,922 shares of the business’s stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $84.01, for a total value of $6,798,257.22. Following the sale, the chief financial officer now owns 217,211 shares of the company’s stock, valued at $18,247,896.11. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Michael G. Nefkens sold 35,340 shares of the business’s stock in a transaction that occurred on Thursday, October 12th. The shares were sold at an average price of $92.00, for a total transaction of $3,251,280.00. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Westside Investment Management Inc. raised its position in shares of DXC Technology Company. by 3.4% in the second quarter. Westside Investment Management Inc. now owns 1,512 shares of the company’s stock valued at $118,000 after purchasing an additional 50 shares during the period. Cribstone Capital Management LLC grew its stake in DXC Technology Company. by 4.7% during the second quarter. Cribstone Capital Management LLC now owns 1,408 shares of the company’s stock valued at $108,000 after acquiring an additional 63 shares in the last quarter. Seven Eight Capital LP grew its stake in DXC Technology Company. by 3.7% during the second quarter. Seven Eight Capital LP now owns 6,195 shares of the company’s stock valued at $475,000 after acquiring an additional 219 shares in the last quarter. ETRADE Capital Management LLC grew its stake in DXC Technology Company. by 11.8% during the third quarter. ETRADE Capital Management LLC now owns 5,061 shares of the company’s stock valued at $435,000 after acquiring an additional 535 shares in the last quarter. Finally, Fox Run Management L.L.C. grew its stake in DXC Technology Company. by 15.5% during the second quarter. Fox Run Management L.L.C. now owns 4,000 shares of the company’s stock valued at $307,000 after acquiring an additional 537 shares in the last quarter. 85.82% of the stock is currently owned by institutional investors.

About DXC Technology Company.

DXC Technology Company, together with its subsidiaries, provides information technology services and solutions primarily in North America, Europe, Asia, and Australia. It operates through two segments, Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment offers technology solutions comprising consulting, applications services, and software.

The Fly

Analyst Recommendations for DXC Technology Company. (NYSE:DXC)

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