Infosys stock: buy or sell

INFY stock price: $18.10 0.39% At close on Apr 21st, 2021

Updated on:
Apr 22nd, 2021

2

Infosys stock brief

  • Infosys Limited closed on Wednesday at $18.10 after slightly changing a 0.39%.
  • Infosys Limited presented its financial report on April 14
  • Susquehanna posted a hold rating for Infosys Limited last Monday, with a target of $21.00
  • Infosys Limited, together with its subsidiaries, provides consulting, technology, outsourcing, and next-generation digital services in North America, Europe, India, and internationally.

Should I buy Infosys Limited stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $INFY stock a buy?

In the current situation of Infosys Limited there is not any eligible buy setup. This doesn't mean $INFY will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Infosys Limited stock?

When you own a stock with some profit, it's really hard to decide the best moment to sell and get your benefits. Like when we have to buy shares, determining when is appropiate to sell is not a whimsy decision, and we must follow our own trading strategy. When selling, as well as buying, detailed strategies are very easy to follow but are only applicable for selling stocks you already own, not for selling short Infosys Limited stock

As a rule of thumb, you should never hold an investment that produces higher than expected losses by the time of purchase. When to sell shares must always be dictated by the stop-loss (automatic or manual)

Is it time to sell Infosys Limited stock?

In the current situation of Infosys Limited there is not any eligible sell setup, so Infosys Limited stock holders with operations in green can keep their positions

Infosys Limited ratings

In the last 30 days, 6 ratings were published for Infosys Limited

Infosys Limited analysts' ratings - Last 30 days
Brokerage firmRating
Mar 23rd, 2021
Sanford C. Bernstein
Mar 29th, 2021
Sanford C. Bernstein
Apr 12th, 2021
Susquehanna Bancshares Neutral
Apr 13th, 2021
Susquehanna Neutral
Apr 14th, 2021
Robert W. Baird Sell
Apr 19th, 2021
Susquehanna Neutral

Infosys Limited stock analysis

SMAs overview

INFY stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $18.16 (0.33% above)
  • R2: $18.25 (0.83% above)
  • R3: $19.07 (5.36% above)
  • The current supports are:

  • S1: $17.24 (-4.75% below)
  • S2: $16.94 (-6.41% below)
  • S3: $16.88 (-6.74% below)
  • Bollinger bands

    Since the price broke down the lower band on April 14, the price has bounced off by 4.99%

    INFY stock Bollinger Bands chart

    Relative strength index

    The has been between the levels of 70 and 30 for some weeks, and therefore, without this indicator really being of any help to us in making any decisions.

    INFY stock RSI chart

    Infosys Limited stock price history

    Infosys Limited went public priced at an adjusted price1 of $0.41 on Mar 1999. Since then, INFY stock surged by 4,314.63%, with an average of 196.12% per year. An investment of thousand dollars at that time would have a value of $44,146.34 today.

    1: Adjusted price after possible price splits or reverse-splits

    INFY stock price history chart

    Price target for Infosys Limited stock

    Nobody can predict how much a share will be priced tomorrow. Banks and financial organisations post their analysis forecasting how a particular stock will performance in the future.

    The following table shows the price target posted by brokerage institutions for the last 30 days. Again, these estimates are not direct recommendations for individual investors and should not be trusted blindly.

    There are 5 price predictions published for Infosys Limited that average $20.56. Infosys Limited closed at $18.10 on Wednesday, so the target price is expecting an increase by 13.59%.

    Infosys Limited stock price predictions
    Brokerage firmPrice target
    Mar 23rd, 2021
    Sanford C. Bernstein Not available
    Mar 29th, 2021
    Sanford C. Bernstein $20.33$21.80
    Apr 12th, 2021
    Susquehanna Bancshares $19.00$21.00
    Apr 13th, 2021
    Susquehanna $19.00$21.00
    Apr 14th, 2021
    Robert W. Baird $17.00$18.00
    Apr 19th, 2021
    Susquehanna $19.00$21.00

    Earnings and financials

    On April 14, Infosys Limited ($INFY) posted EPS for that met analysts' expectations. Quarterly EPS was $0.16 per share versus the estimated $0.16. The company reported turnover was $3.6 billion aligned with the market forecasts as well.

    For comparison, the EPS for the same quarter last year was $0.14, so current EPS is a improvement of 14.29%. Sales skyrocketed a 13.01% on an annualized basis in the , from $32.0B to $36.1B last quarter.

    Infosys ($INFY) is releasing earnings report next July.

    Infosys Limited performance

    INFY performance compared
    Company1m3m6m
    Infosys Limited ($INFY) -4.50% -1.60% 19.40%

    Please read:
    The viewpoints written in this article are personal and not recommendations for you to buy or sell shares. The author of this paper does not have any knowledge of the specific conditions of the reader, his or her finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are published for educative reasons only

    Infosys summary

    Wednesday, April 21st, 2021
    Open$17.98
    Close$18.1
    Day range$17.91 - $18.2
    Previous close$18.03
    Session gain0.39%
    Average true range$0.60
    50d mov avg$18.38
    100d mov avg$17.63
    200d mov avg$15.51
    Earnings dateJuly 14th, 2021

    Frequently asked questions

    What is Infosys Limited stock symbol?

    Infosys Limited is a public company trading in the US stock market with the INFY symbol

    Is Infosys Limited stock a buy or sell?

    Infosys Limited received 6 ratings in the last 30 days: 0 bullish, 1 bearish and 3 neutral.

    Will INFY go up?

    Infosys Limited had different price forecasts published by analysts in the last month setting the target price to $20.56. That is a 13.59% than the last price ($18.10).