Computer Sciences Corporation (CSC) Receives ‘Analyst’ Rating

Computer Sciences Corporation (CSC) : 10 analysts are covering Computer Sciences Corporation (CSC) and their average rating on the stock is 2.6, which is read as a Hold. 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 8 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Computer Sciences Corporation (CSC) : The most positive equity analysts on Computer Sciences Corporation (CSC) expects the shares to touch $63, whereas, the least positive believes that the stock will trade at $45 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $51.71 with an expected fluctuation of $6.16 from the mean.


Also, Morgan Stanley maintains their rating on the shares of Computer Sciences Corporation (NYSE:CSC). The current rating of the shares is Equal-weight. Equity Analysts at the Firm lowers the price target to $53 per share from $55 per share. The rating by the firm was issued on August 9, 2016.

Computer Sciences Corporation (NYSE:CSC): After opening at $46.4, the stock dipped to an intraday low of $46.27 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $49 and the buying power remained strong till the end. The stock closed at $48.46 for the day, a gain of 4.67% for the day session. The total traded volume was 2,635,709. The stocks close on the previous trading day was $46.3.

Computer Sciences Corporation (CSC) is a global provider of information technology (IT) and professional services and solutions. The Company operates through three segments: Global Business Services (GBS), which is a provider of various technology solutions, including consulting, applications services and software; Global Infrastructure Services (GIS), which provides solutions, such as managed and virtual desktop solutions, and data center management, and North American Public Sector (NPS), which delivers IT, mission and operations-related services. Its subsidiary, ServiceMesh Inc. (ServiceMesh), is a provider of enterprise cloud management software. ServiceMesh also provides various other services, such as tiered services levels, different levels of security, self-service options, governance, policy and real time monitoring. CSCs subsidiary, Fruition Partners, provides technology-enabled solutions for the service-management sector and provides support for ServiceNow-related software

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