Media stories about Infosys (NYSE:INFY) have been trending somewhat positive on Sunday, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Infosys earned a news sentiment score of 1.83 on their scale. InfoTrie also gave media stories about the technology company an news buzz score of 3 out of 10, indicating that recent press coverage is unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the media headlines that may have effected Infosys’ score:
- Analyst Rating and Target Review for Infosys Limited (NYSE:INFY) – Hermann Herald (hermannherald.com)
- Zacks: Brokerages Anticipate Infosys Ltd (INFY) Will Announce Earnings of $0.13 Per Share (americanbankingnews.com)
- Infosys, Cognizant say have beefed up security but no data breach – Business Standard (business-standard.com)
- Infosys, Capgemini, other IT giants may have faced cyber attack like Wipro: report – Business Today (businesstoday.in)
- Infosys Rating: Margin miss was key disappointment – The Financial Express (financialexpress.com)
Shares of Infosys stock traded down $0.02 on Friday, hitting $10.39. The company had a trading volume of 18,307,043 shares, compared to its average volume of 11,102,210. The stock has a market capitalization of $45.16 billion, a PE ratio of 19.24, a price-to-earnings-growth ratio of 1.99 and a beta of 0.54. Infosys has a 52 week low of $8.45 and a 52 week high of $11.38.
INFY has been the topic of several research analyst reports. Morgan Stanley raised shares of Infosys from an “equal weight” rating to an “overweight” rating in a research report on Monday, January 14th. Susquehanna Bancshares raised shares of Infosys from a “negative” rating to a “neutral” rating and increased their price target for the stock from $7.50 to $11.00 in a research report on Monday, January 14th. HSBC cut shares of Infosys from a “buy” rating to a “hold” rating in a research report on Tuesday, April 2nd. Citigroup raised shares of Infosys from a “neutral” rating to a “buy” rating in a research report on Friday, January 4th. Finally, Wells Fargo & Co set a $11.00 price target on shares of Infosys and gave the stock a “hold” rating in a research report on Friday, January 11th. Two equities research analysts have rated the stock with a sell rating and fifteen have issued a hold rating to the stock. The stock has an average rating of “Hold” and an average price target of $11.26.
Infosys Limited, together with its subsidiaries, provides consulting, technology, and outsourcing services in North America, Europe, India, and internationally. It provides business information technology services, including application development and maintenance, independent validation, infrastructure management, and business process management services, as well as engineering services, such as engineering and life cycle solutions; and consulting and systems integration services comprising consulting, enterprise solutions, systems integration, and advanced technologies.
Read More: Return on Investment (ROI)
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