DST Systems Given New $88.00 Price Target at Credit Suisse (DST)
Investment analysts at Credit Suisse hoisted their target price on shares of DST Systems (NYSE:DST) from $77.00 to $88.00 in a note issued to investors on Friday, Analyst RN reports. Credit Suisse’s target price suggests a potential upside of 4.59% from the stock’s previous close.
DST has been the subject of a number of other recent research reports. Analysts at Ned Davis Research upgraded shares of DST Systems from a “neutral” rating to a “buy” rating in a research note to investors on Monday, September 30th. Separately, analysts at Zacks reiterated a “hold” rating on shares of DST Systems in a research note to investors on Monday, August 19th. They now have a $69.00 price target on the stock. Finally, analysts at Evercore Partners raised their price target on shares of DST Systems from $84.00 to $86.00 in a research note to investors on Monday, August 19th. They now have an “equal weight” rating on the stock. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $82.00.
Shares of DST Systems (NYSE:DST) traded up 3.48% during mid-day trading on Friday, hitting $84.14. The stock had a trading volume of 383,107 shares. DST Systems has a 52-week low of $53.81 and a 52-week high of $74.88. The stock’s 50-day moving average is $72.49 and its 200-day moving average is $69.78. The company has a market cap of $3.620 billion and a P/E ratio of 12.53.
DST Systems (NYSE:DST) last issued its quarterly earnings data on Thursday, October 24th. The company reported $1.21 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.12 by $0.09. The company had revenue of $480.20 million for the quarter, compared to the consensus estimate of $478.08 million. During the same quarter last year, the company posted $0.96 earnings per share. DST Systems’s revenue was up 3.5% compared to the same quarter last year. Analysts expect that DST Systems will post $4.45 EPS for the current fiscal year.
DST Systems, Inc (NYSE:DST) is global providers of technology-based service solutions.
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