RBC Capital analyst Daniel Perlin assigned a Hold rating to DXC Technology (DXC – Research Report) yesterday and set a price target of $18.00. The company’s shares closed yesterday at $19.88.
Perlin covers the Technology sector, focusing on stocks such as NCR Voyix, Block, and Shift4 Payments. According to TipRanks, Perlin has an average return of 0.3% and a 47.13% success rate on recommended stocks.
Currently, the analyst consensus on DXC Technology is a Moderate Sell with an average price target of $20.33.
DXC market cap is currently $3.64B and has a P/E ratio of 54.60.
Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DXC in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
DXC Technology (DXC) Company Description:
DXC Technology Co. provides technology consulting, outsourcing and support services. It operates through the following segments: Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment provides technology solutions that help clients address challenges and accelerates the digital transformations that is tailored to each client’s specific objectives. The GIS segment offers to deliver predictable outcomes and measurable results, while reducing business risk and operational costs for clients. The USPS segment delivers IT services and business solutions to all levels of government in the United States. The company was founded on 19th May, 2016 and is headquartered in Tysons, VA.
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