Barrington analyst Vincent Colicchio assigned a Buy rating to Concentrix (CNXC – Research Report) today and set a price target of $165.00. The company’s shares closed last Friday at $81.59.
According to TipRanks, Colicchio is a 5-star analyst with an average return of 10.8% and a 56.19% success rate. Colicchio covers the Technology sector, focusing on stocks such as Perficient, TD SYNNEX Corporation, and Climb Global Solutions.
Currently, the analyst consensus on Concentrix is a Strong Buy with an average price target of $160.00.
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CNXC market cap is currently $4.25B and has a P/E ratio of 10.37.
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Concentrix Corp is a technology-enabled company specialized in customer engagement and customer management. The company provides end-to-end solutions that facilitate communication between clients and their customers, provide analytics and process optimization, and support client-centric operations and back-office processing across the enterprise. The solutions are provided in four complementary areas: Customer Lifecycle Management; CX/UX Strategy and Design; Digital Transformation; and VOC and Analytics. Also, the company provides insurance solutions, marketing solutions, and automation solutions.
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