Media stories about Syntel (NASDAQ:SYNT) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Syntel earned a news sentiment score of 0.05 on Accern’s scale. Accern also gave headlines about the information technology services provider an impact score of 45.5062252743096 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Several equities analysts recently weighed in on SYNT shares. Loop Capital restated a “buy” rating and issued a $28.00 price target on shares of Syntel in a research note on Wednesday, October 18th. They noted that the move was a valuation call. Needham & Company LLC lifted their price target on Syntel from $23.00 to $28.00 and gave the company a “buy” rating in a research note on Wednesday, October 18th. They noted that the move was a valuation call. Cowen restated a “hold” rating and issued a $20.00 price target on shares of Syntel in a research note on Thursday, October 19th. Zacks Investment Research upgraded Syntel from a “hold” rating to a “buy” rating and set a $27.00 price target for the company in a research note on Friday, October 20th. Finally, ValuEngine upgraded Syntel from a “hold” rating to a “buy” rating in a report on Thursday, November 9th. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. Syntel currently has an average rating of “Hold” and a consensus price target of $23.31.
Shares of Syntel (NASDAQ SYNT) opened at $21.91 on Thursday. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of -5.69. Syntel has a twelve month low of $15.82 and a twelve month high of $26.33. The stock has a market capitalization of $1,794.62, a PE ratio of 10.69, a P/E/G ratio of 1.19 and a beta of 1.01.
Syntel Company Profile
Syntel, Inc (Syntel) is a global provider of digital transformation, information technology (IT) and knowledge process outsourcing (KPO) services. The Company operates through five segments: Banking and Financial Services, Healthcare and Life Sciences, Insurance, Manufacturing, and Retail, Logistics and Telecom.
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