Syntel SYNT (NYSE:SYNT) Rating Change
Wells Fargo gave Syntel Synt (NYSE:SYNT) shares a new Underperform rating in a report revealed to investors on 1 January. This is decrease from the previous Market Perform rating.
This rating downgrade was noticed by stock traders, as NYSE:SYNT is right now trading 0.00% lower at $0.00 as of 7:58 AM New York time. Syntel SYNT shares have [From2] 0% in the last 200 days, while the S&P500 has risen 6.00% in the same time period.
Out of 9 analysts covering Syntel SYNT, 5 rate it a Buy, 7 indicate a Hold while 0 suggest a Sell. The highest target is $58 and the lowest is $44 according to Thomson/First Call. The 12-month mean target is $48.67, which means upside potential of ∞% over the current price.
Rk Asset Management Llc had the most significant stake with ownership of 181,230 shares as of Q2 2015 for 6.83% of the US long equity exposure. Crow Point Partners Llc is another bull as the institutional investor who is owning 557,482 shares of Syntel SYNT or 3.66% of their US long equity exposure. In addition, Sensato Investors Llc have 1.75% of their US long equity exposure invested in the company for 196,793 shares. The Illinois-based fund Pekin Singer Strauss Asset Management Il revealed it had purchased so far a stake worth about 1.63% of the institutional investor’s stock portfolio in Syntel SYNT. The New York-based fund Alpine Woods Capital Investors Llc is also positive about the stock, possessing 227,616 shares or 1.53% of their US long equity exposure.
Syntel SYNT (NYSE:SYNT) closed at $0 yesterday. A total of shares of the company’s stock traded hands. This is down from average of shares. Syntel SYNT has a 52 week low of $0.00 and a 52 week high of $0. The company has a market cap of $ and a P/E ratio of 0.
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