DXC Technology Company. (NYSE:DXC)‘s stock had its “buy” rating reaffirmed by research analysts at KeyCorp in a research note issued to investors on Friday. They currently have a $92.00 price target on the stock. KeyCorp’s price target indicates a potential upside of 9.10% from the company’s previous close.

A number of other research firms also recently issued reports on DXC. Cantor Fitzgerald reiterated a “hold” rating and set a $79.00 price objective on shares of DXC Technology Company. in a research note on Friday, August 11th. Jefferies Group LLC increased their price objective on shares of DXC Technology Company. from $85.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, August 24th. Zacks Investment Research downgraded shares of DXC Technology Company. from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 6th. Royal Bank Of Canada reiterated a “buy” rating and set a $87.00 price objective on shares of DXC Technology Company. in a research note on Monday, May 15th. Finally, Piper Jaffray Companies reiterated an “overweight” rating and set a $90.00 price objective on shares of DXC Technology Company. in a research note on Thursday, May 25th. Four research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. DXC Technology Company. has a consensus rating of “Buy” and an average price target of $88.23.

Shares of DXC Technology Company. (NYSE:DXC) opened at 84.33 on Friday. The stock has a market capitalization of $24.01 billion, a price-to-earnings ratio of 266.03 and a beta of 1.03. The firm has a 50-day moving average of $82.12 and a 200 day moving average of $76.52. DXC Technology Company. has a one year low of $45.55 and a one year high of $86.08.

DXC Technology Company. (NYSE:DXC) last released its quarterly earnings data on Tuesday, August 8th. The company reported $1.59 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.25 by $0.34. DXC Technology Company. had a net margin of 0.49% and a return on equity of 17.51%. The firm had revenue of $5.91 billion for the quarter, compared to the consensus estimate of $5.95 billion. On average, equities research analysts predict that DXC Technology Company. will post $6.81 EPS for the current year.

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In related news, CFO Paul N. Saleh sold 80,922 shares of the stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $84.01, for a total transaction of $6,798,257.22. Following the completion of the sale, the chief financial officer now owns 217,211 shares of the company’s stock, valued at $18,247,896.11. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Paul N. Saleh sold 40,460 shares of the stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $82.54, for a total transaction of $3,339,568.40. Following the sale, the chief financial officer now directly owns 136,384 shares of the company’s stock, valued at approximately $11,257,135.36. The disclosure for this sale can be found here. Insiders have sold 364,718 shares of company stock valued at $29,469,529 in the last three months. 1.30% of the stock is currently owned by corporate insiders.

A number of large investors have recently bought and sold shares of DXC. Vanguard Group Inc. lifted its position in DXC Technology Company. by 30,928.2% during the second quarter. Vanguard Group Inc. now owns 20,771,226 shares of the company’s stock valued at $1,593,568,000 after acquiring an additional 20,704,283 shares during the last quarter. BlackRock Inc. purchased a new stake in DXC Technology Company. during the second quarter valued at approximately $1,368,006,000. Dodge & Cox purchased a new stake in DXC Technology Company. during the second quarter valued at approximately $1,032,608,000. Boston Partners purchased a new stake in DXC Technology Company. during the second quarter valued at approximately $932,573,000. Finally, State Street Corp purchased a new stake in DXC Technology Company. during the second quarter valued at approximately $898,855,000. 85.05% of the stock is owned by institutional investors.

About DXC Technology Company.

DXC Technology Company, together with its subsidiaries, provides information technology services and solutions primarily in North America, Europe, Asia, and Australia. It operates through two segments, Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment offers technology solutions comprising consulting, applications services, and software.

Analyst Recommendations for DXC Technology Company. (NYSE:DXC)

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