DXC Technology Company. (NYSE:DXC) had its price target boosted by investment analysts at BMO Capital Markets from $94.00 to $100.00 in a note issued to investors on Friday. The brokerage presently has an “outperform” rating on the stock. BMO Capital Markets’ price objective points to a potential upside of 17.10% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the company. KeyCorp raised DXC Technology Company. from a “sector weight” rating to an “overweight” rating and set a $93.00 target price on the stock in a report on Friday, July 21st. Cowen and Company reaffirmed a “hold” rating and issued a $77.00 target price on shares of DXC Technology Company. in a report on Thursday, August 10th. TheStreet raised DXC Technology Company. from a “c” rating to a “b” rating in a report on Tuesday, August 8th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $86.00 target price on shares of DXC Technology Company. in a report on Thursday, August 10th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and issued a $87.00 target price on shares of DXC Technology Company. in a report on Tuesday, June 6th. Four equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $89.57.

DXC Technology Company. (DXC) traded down 0.05% during trading on Friday, reaching $85.36. The company had a trading volume of 898,544 shares. The firm has a market capitalization of $24.30 billion, a P/E ratio of 269.27 and a beta of 1.03. The firm’s 50-day moving average price is $82.89 and its 200 day moving average price is $77.01. DXC Technology Company. has a one year low of $47.46 and a one year high of $86.29.

DXC Technology Company. (NYSE:DXC) last posted its quarterly earnings results on Tuesday, August 8th. The company reported $1.59 EPS for the quarter, beating the Zacks’ consensus estimate of $1.25 by $0.34. The business had revenue of $5.91 billion for the quarter, compared to analysts’ expectations of $5.95 billion. DXC Technology Company. had a return on equity of 17.51% and a net margin of 0.49%. Equities analysts forecast that DXC Technology Company. will post $6.82 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION WARNING: “DXC Technology Company. (DXC) Price Target Raised to $100.00 at BMO Capital Markets” was first published by American Banking News and is the sole property of of American Banking News. If you are viewing this report on another website, it was stolen and reposted in violation of U.S. and international copyright law. The legal version of this report can be accessed at https://www.americanbankingnews.com/2017/09/15/dxc-technology-company-dxc-price-target-raised-to-100-00-at-bmo-capital-markets.html.

In related news, CFO Paul N. Saleh sold 59,824 shares of DXC Technology Company. stock in a transaction dated Monday, July 17th. The stock was sold at an average price of $78.08, for a total value of $4,671,057.92. Following the completion of the transaction, the chief financial officer now owns 196,113 shares in the company, valued at $15,312,503.04. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Paul N. Saleh sold 80,922 shares of DXC Technology Company. stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $84.01, for a total value of $6,798,257.22. Following the completion of the transaction, the chief financial officer now owns 217,211 shares of the company’s stock, valued at approximately $18,247,896.11. The disclosure for this sale can be found here. In the last quarter, insiders sold 359,666 shares of company stock valued at $29,091,539. 1.30% of the stock is currently owned by company insiders.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Achmea Investment Management B.V. purchased a new position in DXC Technology Company. in the second quarter worth about $1,681,000. Lord Abbett & CO. LLC purchased a new position in DXC Technology Company. in the second quarter worth about $11,511,000. USA Financial Portformulas Corp purchased a new position in DXC Technology Company. in the second quarter worth about $505,000. Oak Associates Ltd. OH purchased a new position in DXC Technology Company. in the second quarter worth about $7,357,000. Finally, Cookson Peirce & Co. Inc. purchased a new position in DXC Technology Company. in the second quarter worth about $33,043,000. Institutional investors own 85.05% of the company’s stock.

DXC Technology Company. Company Profile

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)

Receive News & Ratings for DXC Technology Company. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DXC Technology Company. and related companies with MarketBeat.com's FREE daily email newsletter.