What Can We Expect After CSRA Inc. Common Stock (NYSE:CSRA)’s Upgrade By Suntrust Robinson?

September 17, 2017 - By Vivian Park

  What Can We Expect After CSRA Inc. Common Stock (NYSE:CSRA)'s Upgrade By Suntrust Robinson?

CSRA Inc. Common Stock (NYSE:CSRA) Stock Upgrade

In an analyst report published on Friday morning, Suntrust Robinson upgraded shares of CSRA Inc. Common Stock (NYSE:CSRA) to a solid Buy rating from their previous Hold rating.

CSRA Inc (NYSE:CSRA) Ratings Coverage

Among 10 analysts covering CSRA (NYSE:CSRA), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. CSRA has $41 highest and $28 lowest target. $35.25’s average target is 10.23% above currents $31.98 stock price. CSRA had 13 analyst reports since December 1, 2015 according to SRatingsIntel. On Friday, December 11 the stock rating was initiated by Raymond James with “Outperform”. The stock has “Neutral” rating by Suntrust Robinson on Friday, May 27. Wells Fargo initiated the shares of CSRA in report on Tuesday, December 1 with “Outperform” rating. On Wednesday, February 24 the stock rating was initiated by Stifel Nicolaus with “Buy”. RBC Capital Markets maintained the shares of CSRA in report on Tuesday, February 9 with “Outperform” rating. The stock of CSRA Inc (NYSE:CSRA) earned “Buy” rating by Jefferies on Wednesday, January 20. The company was initiated on Thursday, January 12 by RBC Capital Markets. The firm earned “Outperform” rating on Wednesday, April 5 by Evercore. Drexel Hamilton initiated the stock with “Buy” rating in Tuesday, November 22 report. RF Lafferty initiated the stock with “Buy” rating in Monday, February 22 report.

The stock increased 1.17% or $0.37 on September 15, reaching $31.98. About 5.48 million shares traded or 376.52% up from the average. CSRA Inc (NYSE:CSRA) has risen 16.97% since September 17, 2016 and is uptrending. It has outperformed by 0.27% the S&P500.

Analysts expect CSRA Inc (NYSE:CSRA) to report $0.48 EPS on November, 8.They anticipate $0.08 EPS change or 14.29 % from last quarter’s $0.56 EPS. CSRA’s profit would be $78.50 million giving it 16.66 P/E if the $0.48 EPS is correct. After having $0.48 EPS previously, CSRA Inc’s analysts see 0.00 % EPS growth.

CSRA Inc. is a provider of information technology services to the United States federal government. The company has market cap of $5.23 billion. The Firm operates through two divisions: Defense and Intelligence, and Civil. It has a 16.67 P/E ratio. The Defense and Intelligence segment provides services to the Department of Defense , National Security Agency, branches of the Armed Forces, and other DoD and Intelligence agencies.

More recent CSRA Inc (NYSE:CSRA) news were published by: Seekingalpha.com which released: “CSRA announces $2.4B NSA Groundbreaker contract” on September 06, 2017. Also Nasdaq.com published the news titled: “CSRA Inc. (CSRA) Ex-Dividend Date Scheduled for August 25, 2017” on August 24, 2017. Streetinsider.com‘s news article titled: “CSRA, Inc. (CSRA) Secures $115M Contract for EPA Information Technology Solutions” with publication date: August 28, 2017 was also an interesting one.

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.