Analyst Rating Update on Unisys Corporation (UIS)

Unisys Corporation (NYSE:UIS) : 3 analysts are covering Unisys Corporation (NYSE:UIS) and their average rating on the stock is 1.67, which is read as a Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Unisys Corporation (NYSE:UIS) : The consensus price target for Unisys Corporation (NYSE:UIS) is $18 for the short term with a standard deviation of $10.44. The most optimist securities analyst among the 3 who monitor the stock believes that the stock can reach $30, however, the pessimist price target for the company is $11.

For the current week, the company shares have a recommendation consensus of Buy. Also, SunTrust Robinson Humphrey initiates coverage on Unisys Corporation (NYSE:UIS). The current rating of the shares is Buy, according to the research report released by the firm. The rating by the firm was issued on June 22, 2016.

Unisys Corporation (NYSE:UIS): On Tuesdays trading session , Opening price of the stock was $6.97 with an intraday high of $7.07. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $6.72. However, the stock managed to close at $6.77, a loss of 0.88% for the day. On the previous day, the stock had closed at $6.83. The total traded volume of the day was 1,093,854 shares.

In an insider trading activity, Smith M Lazane, officer (Senior Vice President) of Unisys Corp, unloaded 2,000 shares at an average price of $27.4 on November 13, 2014. The total amount of the transaction was worth $54,800, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Unisys Corporation is a global Information Technology (IT) company. The Company provides outsourcing and managed services, systems integration and consulting services, server technology, cybersecurity and cloud management software and maintenance and infrastructure support services. The Company operates through two segments: Services and Technology. The Companys services include outsourcing, systems integration and consulting, infrastructure services and maintenance. The Companys Technology segment designs and develops software, servers and related products. The Companys product offerings include enterprise-class servers, such as the ClearPath family of servers, the Forward! by Unisys line of fabric servers, and the ES family of servers; the Unisys Stealth family of cybersecurity software, and operating system software and middleware.

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