Wall Street is positive on Infosys Ltd ADR (INFY). On average, analysts give the stock a Buy rating. The average price target is $9.862, which means analysts expect the stock to increase by 3.38% over the next twelve months.
That average ranking earns the stock an Analyst Rating of 30, which is better than 30% of stocks based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
Investors Observer averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With Infosys Ltd ADR Stock Today?
Infosys Ltd ADR (INFY) stock has gained 2.69% while the S&P 500 has fallen -1.51% as of 12:22 PM on Friday, Jun 26. INFY is higher by $0.25 from the previous closing price of $9.29 on volume of 7,665,694 shares. Over the past year the S&P 500 is up 3.84% while INFY has fallen -10.17%. INFY earned $0.51 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 18.53.
