CI&T Inc. (NYSE:CINT) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of CI&T Inc. (NYSE:CINT) have been given an average rating of “Moderate Buy” by the seven brokerages that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $6.7750.

A number of research analysts recently commented on CINT shares. Weiss Ratings raised CI&T from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, January 13th. Zacks Research downgraded shares of CI&T from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Wall Street Zen raised shares of CI&T from a “hold” rating to a “buy” rating in a report on Saturday. UBS Group boosted their target price on shares of CI&T from $7.00 to $7.10 and gave the company a “buy” rating in a research report on Thursday. Finally, Canaccord Genuity Group upped their price target on shares of CI&T from $6.00 to $7.00 and gave the stock a “buy” rating in a report on Thursday.

Institutional Investors Weigh In On CI&T

A number of large investors have recently modified their holdings of CINT. Franklin Resources Inc. bought a new position in shares of CI&T in the 3rd quarter valued at $56,000. Wedbush Securities Inc. acquired a new position in shares of CI&T during the 3rd quarter worth $58,000. RPO LLC bought a new stake in shares of CI&T during the 4th quarter worth $60,000. Russell Investments Group Ltd. lifted its position in shares of CI&T by 176.3% during the 2nd quarter. Russell Investments Group Ltd. now owns 11,684 shares of the company’s stock worth $67,000 after buying an additional 7,456 shares during the last quarter. Finally, Centiva Capital LP acquired a new stake in CI&T in the third quarter valued at about $72,000. Institutional investors and hedge funds own 92.45% of the company’s stock.

CI&T Stock Performance

NYSE:CINT opened at $5.42 on Friday. The company has a market cap of $729.29 million, a price-to-earnings ratio of 18.05 and a beta of 1.15. CI&T has a fifty-two week low of $3.98 and a fifty-two week high of $7.09. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.40 and a current ratio of 1.40. The stock has a fifty day moving average price of $4.91 and a 200-day moving average price of $4.81.

CI&T Company Profile

CI&T Inc (NYSE:CINT) is a global digital solutions and technology services provider specializing in end-to-end digital transformation. The company partners with clients across industries such as financial services, retail, healthcare and technology to deliver tailored software products, agile development practices and customer-centric design. Its core offerings include digital strategy consulting, user experience and interface design, cloud-native application development, data engineering and full-cycle product lifecycle management.

Leveraging a proprietary agile framework, CI&T helps organizations accelerate time-to-market and improve operational efficiency through continuous delivery and DevOps automation.