BMO Capital Markets Reaffirms Market Perform Rating on Computer Sciences (CSC)

By admin | 6 years ago

Computer Sciences (NYSE: CSC)‘s stock had its “market perform” rating restated by analysts at BMO Capital Markets in a research report issued to clients and investors on Friday.

CSC has been the subject of a number of other recent research reports. Analysts at Raymond James (NYSE: RJF) initiated coverage on shares of Computer Sciences in a research note to investors on Tuesday, May 8th. They set a “market perform” rating on the stock. Separately, analysts at Sanford C. Bernstein upgraded shares of Computer Sciences from an “underperform” rating to a “market perform” rating in a research note to investors on Monday, April 16th. Finally, analysts at UBS AG (NYSE: UBS) raised their price target on shares of Computer Sciences from $26.00 to $31.00 in a research note to investors on Friday, March 23rd. They now have a “neutral” rating on the stock.

Computer Sciences opened at 25.75 on Friday. Computer Sciences has a 52-week low of $22.80 and a 52-week high of $51.43. The company’s market cap is $3.994 billion.

Computer Sciences last posted its quarterly earnings results on Thursday, May 17th. The company reported ($1.02) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.20 by $1.22. The company’s quarterly revenue was down 2.1% on a year-over-year basis. Analysts expect that Computer Sciences will post $0.48 EPS next quarter.

Computer Sciences Corporation (CSC) is engaged in information technology (IT) and professional services industry.

About the author