BMO Capital Maintains Market Perform on Infosys, Lowers Price Target to $18
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 19 2024
0mins
Source: Benzinga
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Analyst Views on INFY
Wall Street analysts forecast INFY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for INFY is 18.95 USD with a low forecast of 17.00 USD and a high forecast of 22.80 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
1 Buy
5 Hold
0 Sell
Hold
Current: 17.930
Low
17.00
Averages
18.95
High
22.80
Current: 17.930
Low
17.00
Averages
18.95
High
22.80
About INFY
Infosys Limited is an India-based company, which provides digital services and consulting. The Company enables clients in approximately 59 countries to navigate their digital transformation powered by cloud and artificial intelligence (AI). Its segments include Financial Services; Retail; Communication; Energy, Utilities, Resources and Services; Manufacturing; Hi-Tech; Life Sciences, and All other segments. The Company's solutions have been primarily classified as digital and core. Its digital solutions include experience, insight, innovate, accelerate, and assure. Its experience solutions include Infosys Aster, Digital Marketing, Digital Commerce and Infosys Metaverse Foundry. Its insight solutions include Infosys Topaz, Infosys Generative AI Labs, Data Analytics and AI, Infosys Sustainability Services and Applied AI. Its core solutions include application management services, proprietary application development services, traditional enterprise application implementation and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Infosys Unveils Innovations for Australian Open 2026
- Accessibility Innovation: MatchFeel transforms live tennis into tactile feedback using real-time match data, enabling blind and visually impaired fans to experience the game, significantly enhancing inclusivity and audience engagement.
- Interactive AI Mascot: Rally, the interactive AI mascot, engages fans with real-time match data, offering unique experiences that enhance entertainment value and audience participation during the tournament.
- AI Technology Application: The Keys to the Match feature provides three concise tactical insights for each match, making it easier for fans to understand game dynamics, thereby improving viewer experience and the professionalism of the event.
- Sustainability Commitment: Infosys's Fan Zone at Melbourne Park achieves a fully carbon-neutral footprint, showcasing the company's efforts in promoting sustainability and social responsibility, which further enhances its brand image.
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Infosys Unveils Innovations for Australian Open 2026
- Accessibility Innovation: Infosys's MatchFeel technology provides tactile feedback for visually impaired fans, allowing them to experience live match dynamics through real-time data, significantly enhancing inclusivity and fan engagement at the event.
- AI Interaction Robot: The Rally robot in the Infosys Fan Zone engages fans with real-time match data, offering unique experiences such as game predictions and photo opportunities, showcasing the potential of AI in sports events.
- AI Tactical Insights: The Keys to the Match feature delivers three key tactical insights for each match, helping fans better understand game dynamics and enhancing viewer engagement and enjoyment of the tournament.
- Sustainability Commitment: The Infosys Fan Zone maintains a fully offset carbon footprint, demonstrating the company's commitment to environmental sustainability while the Future Leaders Program fosters digital skills and leadership among youth.
Continue Reading