Barclays Believes DXC Technology Company (NYSE: DXC) Won’t Stop Here

In a report released today, Darrin Peller from Barclays maintained a Buy rating on DXC Technology Company (NYSE: DXC), with a price target of $100. The company’s shares opened today at $92.06, close to its 52-week high of $93.40.

According to TipRanks.com, Peller is a 5-star analyst with an average return of 18.0% and a 75.4% success rate. Peller covers the Technology sector, focusing on stocks such as Broadridge Financial Solutions Llc, Automatic Data Processing, and Fidelity National Info.

Currently, the analyst consensus on DXC Technology Company is Moderate Buy and the average price target is $93, representing a 1.0% upside.

In a report released today, BMO Capital also maintained a Buy rating on the stock with a $105 price target.

Based on DXC Technology Company’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $5.91 billion and quarterly net profit of $159 million. In comparison, last year the company earned revenue of $1.87 billion and had a net profit of $15 million.

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DXC Technology Co. provides technology consulting, outsourcing and support services. It services include analytics, application, business process, cloud, consulting, enterprise and cloud applications, security, workplace and mobility, and industries. The company was founded on May 19, 2016 and is headquartered in Tysons, VA.

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