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Genpact (NYSE:G) was downgraded by stock analysts at Morgan Stanley to an “overweight” rating in a report issued on Friday, American Banking & Market News reports. They currently have a $21.00 price target on the stock. Morgan Stanley’s price target points to a potential upside of 21.88% from the company’s current price.

The analysts wrote, “Genpact reported a mixed set of Dec13 quarter results. Revenues and adj net income were ahead of our expectations, but adj EBIT was marginally lower than our estimate. However, the company gave very disappointing 2014e guidance.”

A number of other analysts have also recently weighed in on G. Analysts at Oppenheimer cut their price target on shares of Genpact from $22.00 to $20.00 in a research note to investors on Friday. Separately, analysts at BMO Capital Markets cut their price target on shares of Genpact from $19.00 to $18.00 in a research note to investors on Friday. Finally, analysts at JPMorgan Chase & Co. downgraded shares of Genpact from an “overweight” rating to a “neutral” rating in a research note to investors on Friday. They now have a $17.00 price target on the stock, down previously from $19.00. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $18.50.

Shares of Genpact (NYSE:G) opened at 17.23 on Friday. Genpact has a 52-week low of $16.00 and a 52-week high of $21.30. The stock has a 50-day moving average of $17.64 and a 200-day moving average of $18.87. The company has a market cap of $3.966 billion and a price-to-earnings ratio of 17.04.

Genpact (NYSE:G) last issued its quarterly earnings data on Thursday, February 6th. The company reported $0.25 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.25. The company had revenue of $558.50 million for the quarter, compared to the consensus estimate of $550.34 million. During the same quarter in the previous year, the company posted $0.25 earnings per share. The company’s revenue for the quarter was up 10.0% on a year-over-year basis. Analysts expect that Genpact will post $1.13 EPS for the current fiscal year.

Genpact Limited (NYSE:G) is engaged in business process management and information technology services, leveraging the power of processes, analytics and technology to help its clients drive intelligence across their enterprises.

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