Shares of CI&T Inc (NYSE:CINT – Get Rating) have earned a consensus recommendation of “Buy” from the seven ratings firms that are covering the firm, MarketBeat reports. Six equities research analysts have rated the stock with a buy recommendation. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $16.86.
A number of equities analysts recently weighed in on the company. The Goldman Sachs Group reduced their price target on CI&T from $21.00 to $16.00 and set a “buy” rating for the company in a report on Tuesday, July 5th. JPMorgan Chase & Co. reduced their target price on CI&T from $18.00 to $15.00 in a report on Wednesday, July 20th.
CI&T Trading Up 0.6 %
Shares of CINT stock opened at $9.12 on Friday. CI&T has a 52-week low of $7.77 and a 52-week high of $22.50. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.60 and a quick ratio of 1.60. The business has a 50-day simple moving average of $10.72 and a 200-day simple moving average of $12.98.
Institutional Investors Weigh In On CI&T
CI&T Company Profile
CI&T Inc, together with its subsidiaries, provides strategy, design, and software engineering services to enable digital transformation for enterprises worldwide. It develops customizable software through the implementation of software solutions, including machine learning, artificial intelligence, analytics, and cloud and mobility technologies.
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