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Concentrix (CNXC) Receives a Buy from Barrington

Barrington analyst Vincent Colicchio maintained a Buy rating on Concentrix (CNXCResearch Report) today and set a price target of $202.00. The company’s shares closed last Wednesday at $181.17, close to its 52-week high of $191.35.

According to TipRanks.com, Colicchio is a 5-star analyst with an average return of 15.5% and a 58.8% success rate. Colicchio covers the Technology sector, focusing on stocks such as Exlservice Holdings, Insight Enterprises, and SYNNEX.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Concentrix with a $202.00 average price target.

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The company has a one-year high of $191.35 and a one-year low of $105.42. Currently, Concentrix has an average volume of 245.9K.

Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is neutral on the stock.

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Concentrix Corp is a technology-enabled company specialized in customer engagement and customer management. The company provides end-to-end solutions that facilitate communication between clients and their customers, provide analytics and process optimization, and support client-centric operations and back-office processing across the enterprise. The solutions are provided in four complementary areas: Customer Lifecycle Management; CX/UX Strategy and Design; Digital Transformation; and VOC and Analytics. Also, the company provides insurance solutions, marketing solutions, and automation solutions.

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