BMO Capital analyst Keith Bachman maintained a Buy rating on Cognizant Technology Solutions (NASDAQ:CTSH) on Wednesday, setting a price target of $86, which is approximately 5.20% above the present share price of $81.75.
Bachman expects Cognizant Technology Solutions to post earnings per share (EPS) of $1.04 for the fourth quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Cognizant, with an average price target of $87.67.
The analysts price targets range from a high of $100 to a low of $78.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $4.74 billion and a net profit of $729 million. The company's market cap is $42.94 billion.
According to TipRanks.com, BMO Capital analyst Keith Bachman is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 17.2% and a 67.58% success rate.
Incorporated in 1994 and based in New Jersey, Cognizant Technology Solutions Corp. is a professional services company, which provides information technology, consulting, and business process outsourcing services. It operates through four business segments: Financial Services; Healthcare; Products and Resources; and Communications, Media, and Technology.