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Computer Sciences (NYSE:CSC)‘s stock had its “equal weight” rating reiterated by Barclays in a research note issued on Monday. They currently have a $67.00 price objective on the stock, up from their previous price objective of $58.00. Barclays’ price target would indicate a potential upside of 5.88% from the company’s current price.

Computer Sciences (NYSE:CSC) traded down 0.41% on Monday, hitting $63.02. The stock had a trading volume of 233,164 shares. Computer Sciences has a one year low of $42.54 and a one year high of $64.72. The stock’s 50-day moving average is $61.26 and its 200-day moving average is $59.1. The company has a market cap of $9.130 billion and a price-to-earnings ratio of 14.16.

Computer Sciences (NYSE:CSC) last issued its quarterly earnings data on Thursday, May 8th. The company reported $1.04 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $1.04. The company had revenue of $3.33 billion for the quarter, compared to the consensus estimate of $3.36 billion. During the same quarter in the prior year, the company posted $1.27 earnings per share. The company’s quarterly revenue was down 5.0% on a year-over-year basis. On average, analysts predict that Computer Sciences will post $4.49 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, July 9th. Stockholders of record on Thursday, June 12th will be given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend is Tuesday, June 10th. This is a boost from Computer Sciences’s previous quarterly dividend of $0.20.

In other Computer Sciences news, VP David W. Zolet sold 2,527 shares of the stock on the open market in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $63.69, for a total transaction of $160,944.63. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Computer Sciences in a research note on Tuesday, May 13th. They now have a $65.00 price target on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Computer Sciences in a research note on Monday, May 12th. They now have a $62.00 price target on the stock, up previously from $59.00. Finally, analysts at Citigroup Inc. reiterated a “hold” rating on shares of Computer Sciences in a research note on Friday, May 9th. They now have a $62.00 price target on the stock, up previously from $60.00. Ten investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Computer Sciences presently has an average rating of “Hold” and a consensus price target of $62.38.

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

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