Computer Sciences Corp. Reaches New 52-Week High at $62.39 (CSC)
Computer Sciences Corp. (NYSE:CSC) shares reached a new 52-week high on Thursday , ARN reports. The stock traded as high as $62.39 and last traded at $62.35, with a volume of 697,037 shares. The stock had previously closed at $61.45.
Several analysts have recently commented on the stock. Analysts at Deutsche Bank raised their price target on shares of Computer Sciences Corp. from $50.00 to $55.00 in a research note on Friday, January 31st. They now have a “hold” rating on the stock. Separately, analysts at BMO Capital Markets raised their price target on shares of Computer Sciences Corp. from $53.00 to $60.00 in a research note on Friday, January 31st. Finally, analysts at Barclays raised their price target on shares of Computer Sciences Corp. from $56.00 to $58.00 in a research note on Friday, January 31st. They now have an “equal weight” rating on the stock. Eleven analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $54.50.
The stock’s 50-day moving average is $56.59 and its 200-day moving average is $53.00. The company has a market cap of $9.078 billion and a P/E ratio of 11.94.
Computer Sciences Corp. (NYSE:CSC) last issued its quarterly earnings data on Thursday, January 30th. The company reported $0.98 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.86 by $0.12. The company had revenue of $3.22 billion for the quarter, compared to the consensus estimate of $3.23 billion. On average, analysts predict that Computer Sciences Corp. will post $3.86 earnings per share for the current fiscal year.
Computer Sciences Corporation (NYSE:CSC) is engaged in the information technology (IT) and professional services industry.
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