Infosys Limited (NYSE:INFY) Given Price Target Of $19.766


As per Infosys Limited (NYSE:INFY)’s news release on 2016-06-22, its shareholders will get cash dividend of $0.19109 per share. The recent press release updated on the record date and payout date, which stands at 2016-06-09 and 2016-06-22, respectively.

The stock of Infosys Limited (NYSE:INFY) will commence trading ex-dividend from 2016-06-07, until which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year Infosys Limited (NYSE:INFY) disbursed $0.324 in dividend compared to distribution of $0.289, a year ago. It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 99.7402%.

The past track record of five years substantiates that the average payout of Infosys Limited (NYSE:INFY) stands at $0.273, implying 14.2284% growth. The company recorded earnings of $0.23 a share in the preceding fiscal.

The interim price target for Infosys Limited (NYSE:INFY) is set at $19.766. This level is the mean price reached by averaging the stock views of 6 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate is seen at $21 and the lowest level is established at 18. This broad range highlights a standard deviation of $1.098 in reported estimates.

AlphaOne has allotted A sentiment score of 0.053 to Infosys Limited (NYSE:INFY) while impact score assigned is 38 as on as on 2016-07-19.

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