Analyst Revises Infosys Limited (NYSE:INFY) Stock Target


Infosys Limited (NYSE:INFY) mean price target has been set at $20.590 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $0.250 in the near-term quarter and $0.970 for the ongoing fiscal. The market cap of Infosys Limited American Deposi was recorded at $40.47B after the stock closed at $17.705 in last trading day. What The Valuation Says? The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. Infosys Limited (NYSE:INFY) has a P/E ratio of 19.716. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio. Infosys Limited (NYSE:INFY) PEG ratio sits at 1.580. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks. Technical Perspective The technical analysis of Infosys Limited American Deposi visibly illustrates that the 50-day MA of Infosys Limited American Deposi is $18.566, and stock is trading -0.861 or -4.637% distant from $18.566. The 200-day MA is $18.000, and this price is $-0.295 or -1.640% off from current level. Infosys Limited (NYSE:INFY) 52-week high is $20.470 and the 52-week low is $15.320. This represents that if the stock moves $-2.765 points up on the chart to make a 52-week high. But, if it declines $+15.568%, then the shares price can hit a new 52-week low.

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