Zacks Rating on Amdocs Limited (DOX)

Amdocs Limited (DOX) : 7 analysts are covering Amdocs Limited (DOX) and their average rating on the stock is 2.14, which is read as a Buy. 3 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 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Amdocs Limited (DOX) : 6 Wall Street analysts covering Amdocs Limited (DOX) believe that the average level the stock could reach for the short term is $61.83. The maximum price target given is $65 and the minimum target for short term is around $58, hence the standard deviation is calculated at $2.93.


Shares of Amdocs Limited rose by 1.51% in the last five trading days and 1.47% for the last 4 weeks. Amdocs Limited is up 3.76% in the last 3-month period. Year-to-Date the stock performance stands at 9.17%. Amdocs Limited (NASDAQ:DOX): stock turned positive on Tuesday. Though the stock opened at $59.02, the bulls momentum made the stock top out at $59.39 level for the day. The stock recorded a low of $58.701 and closed the trading day at $59.17, in the green by 0.42%. The total traded volume for the day was 467,948. The stock had closed at $58.92 in the previous days trading.

Amdocs Limited (Amdocs) is a provider of software and services for communications, media and entertainment industry. The Company designs, develops, markets, supports, implements and operates customer experience systems for wireless, wireline, cable and satellite service providers across the world. Amdocs also offers a range of advertising and media solutions for local marketing service providers, and search and directory publishers. Its customers are in North America, Europe, Latin America and the Asia-Pacific region. The Companys software portfolio of customer experience enabling products spans the Revenue Management, Customer Management, Operational Support Systems (OSS), Network Control, Network Optimization, Mobile Financial Services and Digital Lifestyle Services. It offers a suite of services to advise, transform, support and optimize business and technology processes. In addition, the Company offers learning services to develop competency in Amdocs systems and applications.

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