Here’s how analysts see Wipro Limited (NYSE:WIT) after this past week.

October 11, 2018 - By Margaret Guttierez

Wipro Limited (NYSE:WIT) Logo

Wipro Limited (NYSE:WIT) Ratings Coverage

Among 3 analysts covering Wipro (NYSE:WIT), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Wipro had 3 analyst reports since June 20, 2018 according to SRatingsIntel. The rating was reinitiated by Jefferies with “Underperform” on Wednesday, June 20. Credit Suisse upgraded the shares of WIT in report on Thursday, September 13 to “Outperform” rating. The firm has “Neutral” rating by Nomura given on Tuesday, June 26. Below is a list of Wipro Limited (NYSE:WIT) latest ratings and price target changes.

13/09/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Outperform Upgrade
26/06/2018 Broker: Nomura Old Rating: Reduce New Rating: Neutral Upgrade
20/06/2018 Broker: Jefferies Rating: Underperform Reinitiate

The stock increased 2.35% or $0.115 during the last trading session, reaching $5.015. About 865,239 shares traded. Wipro Limited (NYSE:WIT) has declined 10.22% since October 11, 2017 and is downtrending. It has underperformed by 25.84% the S&P500.

Wipro Limited operates as an information technology , consulting, and business process services firm worldwide. The company has market cap of $19.39 billion. The companyÂ’s IT Services segment provides a range of IT and IT-enabled services, which include digital strategy advisory, customer centric design, technology consulting, IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, infrastructure services, analytics services, business process services, research and development, and hardware and software design services to enterprises. It has a 19.9 P/E ratio. This segment serves clients in various industry verticals comprising banking, financial services, and insurance; healthcare and life sciences; consumer business units; energy, natural resources, and utilities; manufacturing and technology; and communications.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: