RBC Capital Believes DXC Technology Company (NYSE: DXC) Still Has Room to Grow

By Carrie Williams

RBC Capital analyst Daniel Perlin reiterated a Buy rating on DXC Technology Company (NYSE: DXC) on October 11 and set a price target of $87. The company’s shares opened today at $91.60, close to its 52-week high of $93.40.

According to TipRanks.com, Perlin is a top 100 analyst with an average return of 22.0% and a 86.8% success rate. Perlin covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Automatic Data Processing, and Bottomline Technologies.

Currently, the analyst consensus on DXC Technology Company is Moderate Buy and the average price target is $93.70, representing a 2.3% upside.

In a report released yesterday, BMO Capital also maintained a Buy rating on the stock with a $105 price target.

The company has a one-year high of $93.40 and a one-year low of $64.06. Currently, DXC Technology Company has an average volume of 1.58M.

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DXC Technology Co. provides technology consulting, outsourcing and support services. It services include analytics, application, business process, cloud, consulting, enterprise and cloud applications, security, workplace and mobility, and industries. The company was founded on May 19, 2016 and is headquartered in Tysons, VA.