conscious know-how optionsNasdaq: CTSH – Get the rating) Its worth goal by Morgan Stanley fairness analysis analysts fell from $65.00 to $60.00 in a analysis report launched on Thursday, Inventory Target Advisor experiences. The corporate at the moment has an “Equal” ranking on the IT service supplier’s stock. Morgan Stanley’s goal worth signifies a possible upside of 14.35% from the inventory’s earlier shut.
CTSH has been the topic of a number of different analysis experiences. TheStreet lowered shares of Cognizant Know-how Options from a “b-” ranking to a “c+” ranking in a analysis report on Thursday, September twenty ninth. Susquehanna Bancshares dropped its worth goal on Cognizant Know-how Options from $100.00 to $98.00 in a analysis report on Thursday, July 28. Robert W. Chook lowered his worth goal on Cognizant Know-how Options from $70 to $66.00 in a analysis be aware on Thursday. BMO Capital Markets lowered Cognizant Know-how Options’ ranking from “excellent” to a “market performer” ranking and lowered the corporate’s worth goal from $73.00 to $65.00 in a analysis report on Thursday. Lastly, Susquehanna lowered its worth goal for Cognizant Know-how Options shares from $100.00 to $98.00 in a analysis be aware on Thursday, July 28. One funding analyst has rated the inventory with a promote ranking, 13 have assigned a maintain ranking and three have assigned a purchase ranking to the corporate. In line with knowledge from MarketBeat.com, the inventory has a median ranking of “Maintain” and a worth goal of $73.68.
Worth efficiency perceptible know-how options
Shares of Cognizant Technology Solutions It traded down $7.79 throughout noon buying and selling on Thursday, reaching $52.47. A complete of 148,701 shares of the traded inventory have been traded, in comparison with a median buying and selling quantity of three,686,474. The corporate has a fast ratio of two.23, a buying and selling ratio of two.23 and a debt-to-equity ratio of 0.05. Cognizant Know-how Options recorded a 12-month low of $55.40 and a 12-month excessive of $93.47. The 50-day transferring common for the inventory is $61.22 and its 200-day transferring common is $67.94. The inventory has a market capitalization of $27.17 billion, a price-earnings ratio of 12.16, a price-earnings ratio of 1.25 and a beta 1.05.
In different information for Cognizant Know-how Options, Director Zain Abdullah bought 4,368 shares of inventory in a transaction dated Friday, September ninth. The shares bought for a median worth of $65.44, for a complete transaction of $285,841.92. Following the transaction, the director now immediately owns 13,556 shares within the firm, valued at roughly $887,104.64. The sale was disclosed in a doc filed with the Securities and Alternate Fee, which might be accessed by way of This hyperlink. Insiders personal 0.34% of the corporate’s inventory.
Institutional Buying and selling Cognizant Know-how Options
A variety of hedge funds have not too long ago purchased and bought shares of CTSH. Wellington Administration Group LLP raised its place in shares of Cognizant Know-how Options by 40.6% within the first quarter. Wellington Administration Group LLP now owns 12,251,722 shares of the knowledge know-how providers supplier’s inventory valued at $1,098,612,000 after buying a further 3,537,761 shares within the final quarter. Capital Analysis World Traders raised its place in shares of Cognizant Know-how Options by 11.5% through the first quarter. Capital Analysis World Traders now owns 10,619,591 shares of the IT providers supplier inventory valued at $952,259,000 after buying a further 1,095,473 shares over the last quarter. Pacer Advisors Inc boosted its stake in Cognizant Know-how Options by 6,635.8% within the third quarter. Pacer Advisors Inc. Now 1,090,799 shares of the IT providers supplier’s inventory are valued at $62,655,000 after buying a further 1,074,605 shares within the final quarter. Vanguard Group Inc. filed Its stake in shares of Cognizant Know-how Options elevated by 2.6% through the first quarter. Vanguard Group Inc. owns. Now 42,692,149 shares of the IT providers supplier’s inventory have been valued at $3,828,205,000 after buying a further 1,068,699 shares within the final quarter. Lastly, Lazard Asset Administration LLC boosted its stake in Cognizant Know-how Options by 175.2% within the second quarter. Lazard Asset Administration LLC now owns 1,500,000 shares of the knowledge know-how providers supplier’s inventory valued at $101,436,000 after buying a further 956,946 shares within the final quarter. Hedge funds and different institutional buyers personal 90.67% of the corporate’s inventory.
About Cognizant Know-how Options
Cognizant Know-how Options Company, knowledgeable providers firm, gives consulting, know-how, and outsourcing providers in North America, Europe, and internationally. It operates by way of 4 segments: Monetary Providers. Well being Care; merchandise and sources; Communications, Media and Know-how.
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