Stifel Nicolaus Maintains Infosys Limited (INFY) As “Hold”; Has Price Target Of $16.0000; Shorts at CEMEX S.A.B. DE C.V. CERT PART ORD REPR (CXMSF) Lowered By 33.01%

CEMEX, S.A.B. de C.V. (OTCMKTS:CXMSF) Logo

CEMEX S.A.B. DE C.V. CERT PART ORD REPR (OTCMKTS:CXMSF) had a decrease of 33.01% in short interest. CXMSF’s SI was 142.29 million shares in April as released by FINRA. Its down 33.01% from 212.40 million shares previously. With 2,000 avg volume, 71146 days are for CEMEX S.A.B. DE C.V. CERT PART ORD REPR (OTCMKTS:CXMSF)’s short sellers to cover CXMSF’s short positions. The SI to CEMEX S.A.B. DE C.V. CERT PART ORD REPR’s float is 0.96%. It closed at $0.725 lastly. It is down 0.00% since April 14, 2017 and is . It has underperformed by 11.55% the S&P500.

In an analyst report released on today, Stifel Nicolaus reiterated their “Hold” rating on Infosys Limited (NYSE:INFY)‘s stock. The price target gives a potential downside of -3.73% from company’s last stock close.

CEMEX, S.A.B. de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, clinker, and other construction materials. The company has market cap of $10.84 billion. The firm also offers various complementary construction products, including asphalt products; concrete blocks and roof tiles; architectural products; concrete pipes for storm and sanitary sewers applications; and other precast products comprising rail products, concrete floors, box culverts, bridges, drainage basins, barriers, and parking curbs. It has a 13.18 P/E ratio. In addition, it provides building solutions for housing projects, pavement projects, and green building consultancy services; and information technology solutions and services.

Infosys Limited, together with its subsidiaries, provides consulting, technology, and outsourcing services in North America, Europe, India, and internationally. The company has market cap of $35.71 billion. It provides business information technology services, including application development and maintenance, independent validation, infrastructure management, and business process management services, as well as engineering services, such as engineering and life cycle solutions; and consulting and systems integration services comprising consulting, enterprise solutions, systems integration, and advanced technologies. It has a 15.43 P/E ratio. The companyÂ’s products include Finacle, a banking solution that provides analytics, core banking, consumer e-banking, corporate e-banking, Islamic banking, mobile banking, origination, payments, SME enable, treasury, wealth management, and youth banking solutions.

The stock decreased 7.72% or $1.39 during the last trading session, reaching $16.62. About 24.60 million shares traded or 293.42% up from the average. Infosys Limited (NYSE:INFY) has risen 12.51% since April 14, 2017 and is uptrending. It has outperformed by 0.96% the S&P500.

Among 22 analysts covering Infosys (NYSE:INFY), 5 have Buy rating, 3 Sell and 14 Hold. Therefore 23% are positive. Infosys has $20 highest and $14 lowest target. $16.80’s average target is 1.08% above currents $16.62 stock price. Infosys had 41 analyst reports since July 24, 2015 according to SRatingsIntel. Nomura downgraded Infosys Limited (NYSE:INFY) on Monday, July 18 to “Neutral” rating. On Monday, October 12 the stock rating was maintained by Susquehanna with “Neutral”. The stock of Infosys Limited (NYSE:INFY) earned “Hold” rating by Cantor Fitzgerald on Friday, August 25. The firm earned “Hold” rating on Friday, November 10 by Robert W. Baird. The firm has “Hold” rating by Robert W. Baird given on Tuesday, April 3. The rating was maintained by KeyBanc Capital Markets on Thursday, November 16 with “Hold”. The stock of Infosys Limited (NYSE:INFY) has “Neutral” rating given on Thursday, December 17 by Sterne Agee CRT. The rating was maintained by Robert W. Baird on Thursday, January 4 with “Hold”. As per Monday, July 18, the company rating was downgraded by Credit Suisse. Cowen & Co maintained it with “Hold” rating and $15.0 target in Thursday, October 12 report.

Infosys Limited (NYSE:INFY) Ratings Chart