05-07-2025
Goldman Sachs Keeps Their Hold Rating on Infosys Limited (INFY)
In a report released today, Manish Adukia from Goldman Sachs maintained a Hold rating on Infosys Limited, with a price target of INR1,660.00. The company's shares closed today at INR1,640.70.
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According to TipRanks, Adukia is ranked #4248 out of 9663 analysts.
Currently, the analyst consensus on Infosys Limited is a Moderate Buy with an average price target of INR1,845.06, which is a 12.46% upside from current levels. In a report released on June 27, Citi also maintained a Hold rating on the stock with a INR1,650.00 price target.
Based on Infosys Limited's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of INR4.73 billion and a net profit of INR813 million. In comparison, last year the company earned a revenue of INR4.57 billion and had a net profit of INR959 million
Based on the recent corporate insider activity of 94 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of INFY in relation to earlier this year.
