Were Analysts Bullish Luxoft Holding, Inc. (NYSE:LXFT) This Week?

April 17, 2018 - By Tina Thibodeau

Luxoft Holding, Inc. (NYSE:LXFT) Logo

Luxoft Holding, Inc. (NYSE:LXFT) Ratings Coverage

Among 7 analysts covering Luxoft Holding Inc (NYSE:LXFT), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Luxoft Holding Inc had 8 analyst reports since November 20, 2017 according to SRatingsIntel. KeyBanc Capital Markets upgraded the shares of LXFT in report on Tuesday, December 5 to “Overweight” rating. The company was maintained on Monday, November 20 by UBS. JP Morgan maintained Luxoft Holding, Inc. (NYSE:LXFT) rating on Wednesday, February 14. JP Morgan has “Overweight” rating and $65 target. The stock of Luxoft Holding, Inc. (NYSE:LXFT) earned “Buy” rating by KeyBanc Capital Markets on Thursday, February 15. Cowen & Co downgraded it to “Hold” rating and $50.0 target in Wednesday, February 14 report. As per Thursday, February 15, the company rating was maintained by Credit Suisse. The stock of Luxoft Holding, Inc. (NYSE:LXFT) has “Buy” rating given on Wednesday, January 17 by Cantor Fitzgerald. Below is a list of Luxoft Holding, Inc. (NYSE:LXFT) latest ratings and price target changes.

15/02/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $50 New Target: $46 Maintain
15/02/2018 Broker: KeyBanc Capital Markets Rating: Buy New Target: $56.0 Maintain
14/02/2018 Broker: Cowen & Co Rating: Hold New Target: $50.0 Downgrade
14/02/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $69 New Target: $65 Maintain
17/01/2018 Broker: Cantor Fitzgerald Rating: Buy New Target: $65.0 Upgrade
05/12/2017 Broker: Pivotal Research Rating: Buy New Target: $70.0
05/12/2017 Broker: KeyBanc Capital Markets Old Rating: Sector Weight New Rating: Overweight Upgrade
20/11/2017 Broker: UBS Rating: Neutral Old Target: $51 New Target: $55 Maintain

The stock decreased 0.12% or $0.05 during the last trading session, reaching $40.25. About 45,976 shares traded. Luxoft Holding, Inc. (NYSE:LXFT) has declined 31.27% since April 17, 2017 and is downtrending. It has underperformed by 42.82% the S&P500.

Luxoft Holding, Inc., together with its subsidiaries, provides software development services and IT solutions to multinational firms primarily in Europe and the United States. The company has market cap of $1.35 billion. It offers application software development, software architecture design, performance engineering, optimization and testing, process consulting, and software quality assurance services; functional specification and mock-up, product design, engineering, automated testing, maintenance, support, and performance engineering services; and IT strategy, software engineering process, and data security consulting services. It has a 23.39 P/E ratio. The companyÂ’s products and platforms include Teora, a suite of developer tools designed to enable automotive human machine interface developers build the logic of their user interface; Populus, a tool chain for HMI design and development, and the deployment of automotive user interfaces for distributed embedded systems; and AllView, a user-experience demonstrator that links instrument cluster, head unit, head-up display, and mobile devices.

Luxoft Holding, Inc. (NYSE:LXFT) Ratings Chart

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