Xerox Holdings Corporation which can be found using ticker (XRX) have now 4 market analysts covering the stock. The analyst consensus now points to a rating of ‘Underperform’. The target price High/Low ranges between 17 and 10 and has a mean target at $13.25. Given that the stocks previous close was at $15.20 this now indicates there is a potential downside of -12.8%. There is a 50 day moving average of $16.45 and the 200 day MA is $15.98. The company has a market cap of $2,287m. Find out more information at: https://www.xerox.com
The potential market cap would be $1,994m based on the market consensus.
Xerox Holdings Corporation, a workplace technology company, designs, develops, and sells document management systems and solutions in the Americas, Europe, the Middle East, Africa, India, and internationally. It offers workplace solutions, including desktop monochrome, and color and multifunction printers; digital printing presses and light production devices, and solutions; and digital services that leverage workflow automation, personalization and communication software, content management solutions, and digitization services. The company also provides graphic communications and production solutions; and IT services, end user computing devices, network infrastructure, communications technology, and a range of managed IT solutions, such as technology product support, professional engineering, and commercial robotic process automation; and provides finance for the sale of Xerox, non-Xerox office, and IT services equipment. In addition, it provides FreeFlow a portfolio of software solutions for the automation and integration to the processing of print job comprises file preparation, final production, and electronic publishing. Further, the company sells paper products and wide-format systems, licensing, as well as standalone software such as CareAR, DocuShare, and XMPie. The company sells its products and services directly to its customers through its direct sales force, as well as through independent agents, dealers, value-added resellers, systems integrators, and e-commerce marketplaces. Xerox Holdings Corporation was founded in 1906 and is headquartered in Norwalk, Connecticut.
The company has a dividend yield of 6.67% with the ex dividend date set at 30-3-2023 (DMY).
