KXIP vs KKR Live Score

Analysts covering XRX have assigned a consensus short term price target of $10.9. Fractional shares of Conduent common stock will be aggregated and sold in the open market, with the net proceeds distributed pro rata in cash payments to the Xerox shareholders, who would otherwise receive a fractional share of Conduent common stock. The price-earnings ratio (P/E Ratio) is the ratio for valuing a company that measures its current share price relative to its per-share earnings. Following the completion of the sale, the insider now owns 96,319 shares in the company, valued at $914,067.31. The firm has a 50-day moving average price of $9.27 and a 200 day moving average price of $9.62.

On 12/30/2016, Xerox Corporation (NYSE:XRX) finished the previous buying and selling session with the price of $8.73. Vetr lowered shares of Xerox Corp. from a "strong-buy" rating to a "buy" rating and set a $10.47 target price for the company.in a research note on Tuesday, October 4th. Xerox Corporation has a 52-week low of $8.48 and a 52-week high of $11.39. The stock has a consensus analyst price target of $86.30for twelve month. The correct version of this piece of content can be read at https://sportsperspectives.com/2017/01/03/xerox-corporation-xrx-stock-rating-upgraded-by-credit-suisse-group/. The Return on Equity (ROE) value stands at 6.7%. Xerox Corporation's payout ratio is 50.00%.

Institutional investors have recently made changes to their positions in the stock. TIAA CREF Investment Management LLC increased its position in shares of Xerox Corporation by 71.9% in the third quarter.

In related news, CFO Leslie F. Varon sold 3,510 shares of the company's stock in a transaction that occurred on Wednesday, November 23rd. These analysts have also projected a Low Estimate of $0.31/share and a High Estimate of $0.34/share. The company said in January that activist investor Carl Icahn would receive three Conduent board seats following the spinoff.

The upgrade follows Xerox earlier today completing the spinoff of its Conduent ( CNDT ) business-processing unit as a standalone company, with Xerox shareholders receiving one Conduent share for each five Xerox shares they owned on the record date of December 15.

Conduent's business includes the operations of Affiliated Computer Services founded by Deason and bought by Xerox for $6.4 billion in 2010. Conduent is a business process services company.