
Morgan Stanley Keeps Their Hold Rating on Infosys Limited (INFY)
Morgan Stanley analyst Gaurav Rateria maintained a Hold rating on Infosys Limited (INFY – Research Report) today and set a price target of INR1,670.00. The company's shares closed today at INR1,632.90.
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Rateria covers the Technology sector, focusing on stocks such as Infosys Limited, Tata Consultancy Services Limited, and Tech Mahindra Limited. According to TipRanks, Rateria has an average return of 21.7% and a 54.55% success rate on recommended stocks.
Infosys Limited has an analyst consensus of Moderate Buy, with a price target consensus of INR1,845.06.
The company has a one-year high of INR2,006.80 and a one-year low of INR1,307.10. Currently, Infosys Limited has an average volume of 346.7K.
Based on the recent corporate insider activity of 94 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of INFY in relation to earlier this year.
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