Infosys Limited (INFY) Sets 1-Year High at $19.42 on Jun, 29

June 29, 2018 - By Sarah Harris

Infosys Limited (NYSE:INFY) Corporate Logo

A 1-year high was reached by Infosys Limited (NYSE:INFY). Today’s price per share was $19.42. It’s 3.00 % above our $20.00. Barchart.com published the 1-year high on Jun, 29. Infosys Limited (NYSE:INFY) has $42.06 billion market cap. The valuation of NYSE:INFY can change by $1.26B if our $20.00 price target is reached.

Ticker’s shares touched $19.42 during the last trading session after 2.21% change.Infosys Limited has volume of 3.01M shares. Since June 29, 2017 INFY has risen 18.12% and is uptrending. INFY outperformed the S&P 500 by 5.55%.

Infosys Limited (NYSE:INFY)’s earnings release is anticipated by WallStreet on July, 13, according to RTT. Analysts forecast $0.25 EPS. That’s $0.01 up or 4.17 % from 2017’s earnings of $0.24. This could hit $541.45M profit for INFY assuming the current $0.25 EPS will become reality. -3.85 % negative EPS growth is what analysts predict. $0.26 EPS was announced for previous quarter.

Infosys Limited (NYSE:INFY) Ratings Coverage

In total 8 analysts cover Infosys Limited (NYSE:INFY). “Buy” rating has 2, “Sell” are 2, while 4 are “Hold”. (NYSE:INFY) has 25% bullish analysts. With $20.3000 highest and $1400 lowest PT, Infosys Limited has $16.61 average PT or -14.47% below the current ($19.42) price. 10 are the (NYSE:INFY)’s ratings reports on Jun 29, 2018 according to StockzIntelligence Inc. On Thursday, January 4 the firm has “Hold” rating by Robert W. Baird given. On Monday, February 5 the rating was upgraded by Goldman Sachs to “Buy”. On Monday, April 16 the company was maintained by Susquehanna. On Monday, February 5 the firm has “Negative” rating given by Susquehanna. On Tuesday, April 3 the firm has “Hold” rating by Robert W. Baird given. On Friday, January 12 the stock of Infosys Limited (NYSE:INFY) has “Hold” rating given by BMO Capital Markets. On Monday, April 16 Jefferies maintained Infosys Limited (NYSE:INFY) with “Buy” rating. The company rating was maintained by Cowen & Co on Monday, January 15. In Friday, April 13 report Stifel Nicolaus maintained the stock with “Hold” rating.

Infosys Limited, together with its subsidiaries, provides consulting, technology, and outsourcing services in North America, Europe, India, and internationally.The firm is valued at $42.06 billion. 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.The P/E ratio is 17.65. The companyÂ’s products include Finacle, a banking solution that provides analytics, core banking, consumer e-banking, corporate e-banking, Islamic banking, mobile banking, origination, payments, SME enable, treasury, wealth management, and youth banking solutions.

Infosys Limited (NYSE:INFY) Analyst Ratings Chart

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