Do Analysts Expect Xerox Holdings Corp (XRX) Stock to Rise After It Has Gained 1.26% in a Month?

Analysts who follow Xerox Holdings Corp (XRX) on average expect it to add 7.44% over the next twelve months. Those same analysts give the stock an average rating of Sell. That average rating earns Xerox Holdings Corp an Analyst Ranking of 1, which means it ranks higher than 1 of stocks, based on data compiled by InvestorsObserver.

Wall Street analysts are rating XRX a Sell today. Find out what this means to you and get the rest of the rankings on XRX!

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Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Xerox Holdings Corp Stock Today?

Xerox Holdings Corp (XRX) stock is down -0.87% while the S&P 500 is up 0.4% as of 12:33 PM on Monday, Nov 20. XRX is down -$0.12 from the previous closing price of $13.77 on volume of 408,124 shares. Over the past year the S&P 500 has gained 14.73% while XRX is down -10.37%. XRX earned $1.06 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 12.93. Click Here to get the full Stock Report for Xerox Holdings Corp stock.