Published On: Wed, Oct 19th, 2016

Upgrades And Downgrades For Luxoft Holding, Inc. (NYSE:LXFT)


Recently stock market analysts have updated their consensus ratings on shares of Luxoft Holding, Inc. (NYSE:LXFT).

Most recent broker ratings

09/12/2016 – Wedbush began new coverage on Luxoft Holding, Inc. giving the company a “neutral” rating. They now have a USD 62 price target on the stock.

08/16/2016 – Luxoft Holding, Inc. was downgraded to “neutral” by analysts at UBS. They now have a USD 53 price target on the stock.

08/15/2016 – Luxoft Holding, Inc. had its “hold” rating reiterated by analysts at Berenberg Bank.

07/12/2016 – Pacific Crest began new coverage on Luxoft Holding, Inc. giving the company a “sector weight” rating.

06/28/2016 – Luxoft Holding, Inc. had its “buy” rating reiterated by analysts at Monness Crespi & Hardt. They now have a USD 78 price target on the stock.

04/12/2016 – Cantor Fitzgerald began new coverage on Luxoft Holding, Inc. giving the company a “hold” rating. They now have a USD 55 price target on the stock.

03/24/2016 – Sterne Agee began new coverage on Luxoft Holding, Inc. giving the company a “neutral” rating. They now have a USD 60 price target on the stock.

02/19/2016 – Cowen began new coverage on Luxoft Holding, Inc. giving the company a “market perform” rating. They now have a USD 60 price target on the stock.

02/18/2016 – Luxoft Holding, Inc. had its “neutral” rating reiterated by analysts at Credit Suisse. They now have a USD 50 price target on the stock.

02/08/2016 – Luxoft Holding, Inc. had its “buy” rating reiterated by analysts at Renaissance Capital. They now have a USD 80.2 price target on the stock.

12/14/2015 – William Blair began new coverage on Luxoft Holding, Inc. giving the company a “outperform” rating.

07/02/2015 – Luxoft Holding, Inc. had its “overweight” rating reiterated by analysts at JP Morgan. They now have a USD 77 price target on the stock.

05/19/2015 – Luxoft Holding, Inc. had its “neutral” rating reiterated by analysts at Goldman Sachs. They now have a USD 45 price target on the stock.

10/14/2014 – Luxoft Holding, Inc. was downgraded to “neutral” by analysts at Zacks. They now have a USD 42.6 price target on the stock.

Luxoft Holding, Inc. has a 50 day moving average of 53.04 and a 200 day moving average of 55.58. The stock’s market capitalization is 1.71B, it has a 52-week low of 46.58 and a 52-week high of 80.64.

The share price of the company (NYSE:LXFT) was down -0.58% during the last trading session, with a high of 52.95 and the volume of Luxoft Holding, Inc. shares traded was 130747.

Luxoft Holding, Inc. is a provider of software development services and information technology solutions to a client base consisting of multinational corporations. The Company’s software development services consist of custom software development and support, product engineering and testing, and technology consulting. Its products and platforms include Horizon, SuperCloud, Twister, iStockTrack, TEORA, Populus, AllView, CVNAR and Retail Engagement Suite (RES) in Internet of Things (IoT) space. Its advisory, platform architecture selection and packaged software services include consulting and implementation of Murex and Open Link, technology consulting, and in-house products and platforms. It is focused on over six industry verticals, including financial services; automotive and transport; telecommunications; travel and aviation; technology, and energy. It operates in the United States, Romania, the United Kingdom, Switzerland, Russia, Poland, Ukraine, Luxembourg, Germany and Cyprus.