In a report released today, Ananda Baruah from Loop Capital Markets maintained a Hold rating on Xerox (XRX – Research Report), with a price target of $17.00. The company’s shares opened today at $16.79.
According to TipRanks, Baruah is a 5-star analyst with an average return of 8.8% and a 52.89% success rate. Baruah covers the Technology sector, focusing on stocks such as Super Micro Computer, Cirrus Logic, and Apple.
Xerox has an analyst consensus of Moderate Sell, with a price target consensus of $15.00.
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The company has a one-year high of $18.74 and a one-year low of $11.90. Currently, Xerox has an average volume of 2.22M.
Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of XRX in relation to earlier this year.
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Xerox (XRX) Company Description:
Xerox Holdings Corp. operates as a holding company. The firm through its subsidiary provides printing and digital document products and services. The company was founded on March 11, 2019 and is headquartered in Norwalk, CT.
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