Technology

Wall Street Brokerage Rating Update: Infosys Limited (NYSE:INFY), Accenture plc. (NYSE:ACN)

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Infosys Limited (NYSE:INFY) initiated the shares trading at $16.71 and showed negative change of -0.78% while the stock’s final trade was registered at $ 16.62. However, its previous closing price was seen at $16.75. The stock negotiated total number of 4.99 million shares as compared to 3 months average volume of 3.48 million shares.

The stock price demonstrated downbeat change from its 50 day moving average of 18.11 and had been down from its 200 Day Moving Average of 18.03.

Infosys Limited’s (INFY) has price-to-cash ratio of 8.57 and price to sale ratio of 4.27. The company net profit margin is 22.30% and gross profit margin is 37.30%. A look on the firm performance, its monthly performance is -10.36% and a quarterly performance of -11.29%. The stock price is moving down from its 20 days moving average with -6.42% and isolated negatively from 50 days moving average with -9.13%.

Brokerage Recommendations:

According to ZACKS data, different Brokerage Firms rated the stock about their BUY, SELL or HOLD recommendations. 2 Months Ago, shares have been suggested as “BUY” from “9” brokerage firms and recommended as “Strong Buy” by “0” brokerage firms. 0” brokerage firms have issued “Sell” rating for the company and “Strong Sell” rating was issued by “2.64” brokerage firms. “0” brokerage firms have rated the company as a “Hold”. The Corporation has average brokerage recommendation (ABR) of 0 based on consensus of the brokerage firms issuing ratings.

Shares of Accenture plc. (NYSE:ACN) declined -2.68% and ended at $112.36 smaller than previous closing price of $115.45. The total 2.48 million shares were bought and sold throughout the most recent trading session more than average volume of 2.09 million shares.

The average true range of Accenture plc’s (ACN) is recorded at 1.97 and the relative strength index of the stock stands 41.93. The stock price is going above to its 52 week low with 29.67% and lagging behind from its 52 week high with -6.97%. Analyst recommendation for this stock stands at 2.40. A look on the firm performance, its monthly performance is -5.92% and a quarterly performance of -1.85%. The stock price is trading upbeat from its 200 days moving average with 4.06% and down from 50 days moving average with -3.53%.

Accenture (ACN) has formed a new client informational board that will allow insurers using the Accenture Life Insurance & Annuity Platform (ALIP) to keep up-to-date and engage in informal discussion of new industry compliance requirements. The board will focus on the impacts of the recentreleases from the United States Treasury Department and other regulatory bodies on life and annuity contract administration and detection of design trends.

Brokerage Recommendations:

According to ZACKS data, different Brokerage Firms rated the stock about their BUY, SELL or HOLD recommendations. 2 Months Ago, shares have been suggested as “BUY” from “7” brokerage firms and recommended as “Strong Buy” by “1” brokerage firms. 0” brokerage firms have issued “Sell” rating for the company and “Strong Sell” rating was issued by “1.83” brokerage firms. “0” brokerage firms have rated the company as a “Hold”. The Corporation has average brokerage recommendation (ABR) of 0 based on consensus of the brokerage firms issuing ratings.

 

 

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