Oppenheimer analyst Timothy Horan maintained a Buy rating on Amdocs (NASDAQ:DOX) Limited on Wednesday, setting a price target of $84, which is approximately 5.87% above the present share price of $79.34.
Horan expects Amdocs Limited to post earnings per share (EPS) of $2.29 for the first quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Amdocs, with an average price target of $83.5.
The analysts price targets range from a high of $87 to a low of $79.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $1.09 billion and a net profit of $140.2 million. The company's market cap is $10.38 billion.
According to TipRanks.com, Oppenheimer analyst Timothy Horan is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 18.3% and a 65.65% success rate.
Amdocs Ltd. is a holding company, which engages in the provision of software and services solutions for communications, entertainment, and media industries. It specializes in the development, implementation, and management of software and services associate with business support systems, operational support systems, service-driven network and other network solutions, entertainment offerings, and digital solutions. The company was founded in 1988 and is headquartered in Chesterfield, MO.