Investec slashes price target on Infosys Ltd ADR [INFY] – find out why.

Infosys Ltd ADR [NYSE: INFY] surged by $0.02 during the normal trading session on while it closed the day at $22.04.

Infosys Ltd ADR stock has also gained 2.99% of its value over the past 7 days. However, INFY stock has inclined by 0.96% in the 3 months of the year. Over the past six months meanwhile, it has gained 30.00% and gained 20.60% year-on date.

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The market cap for INFY stock reached $91.51 billion, with 4.15 billion shares outstanding and 4.15 billion shares in the current float. Compared to the average trading volume of 7.82M shares, INFY reached a trading volume of 5432024 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Infosys Ltd ADR [INFY]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for INFY shares is $24.18 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on INFY stock is a recommendation set at 2.18. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Investec have made an estimate for Infosys Ltd ADR shares, keeping their opinion on the stock as Sell, with their previous recommendation back on October 03, 2024. The new note on the price target was released on July 19, 2024, representing the official price target for Infosys Ltd ADR stock.

The Average True Range (ATR) for Infosys Ltd ADR is set at 0.36, with the Price to Sales ratio for INFY stock in the period of the last 12 months amounting to 4.86. The Price to Book ratio for the last quarter was 8.46, with the Price to Cash per share for the same quarter was set at 0.84. Price to Free Cash Flow for INFY in the course of the last twelve months was 25.68 with Quick ratio for the last quarter at 2.18.

INFY stock trade performance evaluation

Infosys Ltd ADR [INFY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.99. With this latest performance, INFY shares dropped by -4.26% in over the last four-week period, additionally plugging by 30.00% over the last 6 months – not to mention a rise of 33.93% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for INFY stock in for the last two-week period is set at 52.37, with the RSI for the last a single of trading hit 58.70, and the three-weeks RSI is set at 50.49 for Infosys Ltd ADR [INFY]. The present Moving Average for the last 50 days of trading for this stock 22.38, while it was recorded at 21.90 for the last single week of trading, and 20.03 for the last 200 days.

Infosys Ltd ADR [INFY]: An insightful look at the core fundamentals

Infosys Ltd ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.18 and a Current Ratio set at 2.18.

Earnings per share (EPS) analysis for Infosys Ltd ADR [INFY] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for INFY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Infosys Ltd ADR go to 8.23%.

Infosys Ltd ADR [INFY]: Institutional Ownership

The top three institutional holders of INFY stocks are: JPMORGAN CHASE & CO with ownership of 66.65 million shares, which is approximately 1.6101%. FIRST TRUST ADVISORS LP, holding 35.4 million shares of the stock with an approximate value of $$659.11 million in INFY stocks shares; and FIRST TRUST ADVISORS LP, currently with $$493.73 million in INFY stock with ownership which is approximately 0.6406%.