CSRA (NYSE:CSRA) was upgraded by equities researchers at TheStreet from a “c” rating to a “b-” rating in a report released on Monday, December 4th.
Other research analysts also recently issued reports about the stock. Zacks Investment Research upgraded shares of CSRA from a “hold” rating to a “buy” rating and set a $36.00 target price for the company in a research note on Wednesday, August 16th. Royal Bank of Canada restated a “buy” rating on shares of CSRA in a research report on Tuesday, August 15th. SunTrust Banks upgraded shares of CSRA from a “hold” rating to a “buy” rating and raised their price target for the stock from $34.00 to $39.00 in a research report on Friday, September 15th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $39.00 price objective on shares of CSRA in a report on Tuesday, November 21st. Finally, ValuEngine raised shares of CSRA from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Two analysts have rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $36.50.
Shares of CSRA (NYSE:CSRA) traded down $0.13 during midday trading on Monday, hitting $29.92. 823,511 shares of the company’s stock traded hands, compared to its average volume of 1,019,788. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 5.68. The stock has a market capitalization of $4,921.59, a P/E ratio of 15.67, a PEG ratio of 1.54 and a beta of 1.70. CSRA has a 12 month low of $27.38 and a 12 month high of $33.67.
Large investors have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its position in shares of CSRA by 52.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,698 shares of the technology company’s stock valued at $117,000 after purchasing an additional 1,269 shares in the last quarter. DekaBank Deutsche Girozentrale acquired a new position in shares of CSRA in the second quarter worth about $120,000. GLG Partners LP acquired a new position in shares of CSRA in the second quarter worth about $164,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of CSRA by 11.7% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,781 shares of the technology company’s stock worth $184,000 after buying an additional 607 shares during the period. Finally, Neuberger Berman Group LLC acquired a new stake in shares of CSRA during the third quarter worth approximately $211,000. Institutional investors own 94.66% of the company’s stock.
CSRA Inc is a provider of information technology services to the United States federal government. The Company operates through two segments: Defense and Intelligence, and Civil. The Defense and Intelligence segment provides services to the Department of Defense (DoD), National Security Agency, branches of the Armed Forces, and other DoD and Intelligence agencies.
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