# Cognizant Technology Solutions Corporation – Consensus ‘hold’ rating and -.8% Downside Potential

- Link: https://www.directorstalkinterviews.com/cognizant-technology-solutions-corporation-consensus-hold-rating-and.8-downside-potential-2/4121135153
- Published: 2023-12-05T13:44:42+00:00
- Author: Charlotte Edwards

**Cognizant Technology Solutions Corporation** which can be found using ticker (
CTSH) have now 25 confirmed analysts covering the stock with the consensus suggesting
a rating of ‘hold’. The range between the high target price and low target price
is between $87.00 and $60.00 and has a mean target at $70.28. Given that the stocks
previous close was at $70.82 this now indicates there is a potential downside of-.
8%. Also worth taking note is the 50 day moving average now sits at $67.32 and the
200 day moving average is $65.17. The total market capitalization for the company
now stands at 35.68B. The stock price is currently at: $71.16 USD

 The potential market cap would be $35,408,487,971 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 17.36, revenue per share of $38.29
and a 10.28% return on assets.

Cognizant Technology Solutions Corporation is a professional services company. The
Company operates through four segments: Financial Services (FS), Health Sciences(
HS), Products and Resources (P&R), and Communications, Media and Technology (CMT).
The FS segment includes banking, capital markets, payments and insurance companies.
The HS segment consists of healthcare providers and payers, as well as life sciences
companies, including pharmaceutical, biotech and medical device companies. The P&
R segment includes manufacturers, automakers, retailers and travel and hospitality
companies, as well as companies providing logistics, energy, and utility services.
The CMT segment includes global communications, media and entertainment, education,
information services and technology companies. Its services include digital services
and solutions, consulting, application development, systems integration, quality
engineering and assurance, application maintenance, infrastructure and security.

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