Infosys Ltd. (Symbol: INFY) recently surpassed the average analyst 12-month target price of $18.02, trading at $19.38 per share. This movement could prompt analysts to either downgrade their valuations or adjust their target prices higher, influenced by the company’s fundamental developments.
Among nine analysts contributing to the target estimates, the range varies significantly—with one target as low as $11.00 and another as high as $22.20, resulting in a standard deviation of $3.31. Currently, five analysts rate the stock as a “Strong Buy,” one as a “Buy,” 11 as “Hold,” and one as a “Strong Sell,” yielding an average rating of 2.5 on a scale where 1 is Strong Buy and 5 is Strong Sell.
