It Seems Syntel, Inc. (SYNT) Will Go Up. Have Another Big Increase

February 15, 2018 - By Marry Poplack

Investors sentiment increased to 1.71 in Q3 2017. Its up 0.47, from 1.24 in 2017Q2. It increased, as 10 investors sold Syntel, Inc. shares while 31 reduced holdings. 25 funds opened positions while 45 raised stakes. 29.77 million shares or 4.49% more from 28.49 million shares in 2017Q2 were reported.
204,047 were accumulated by Schwab Charles Invest Mgmt. 105,974 are held by Prudential Finance. Connor Clark & Lunn Inv has 13,325 shares. 3,413 were accumulated by Bnp Paribas Arbitrage Sa. Cantab Cap Prns Ltd Liability Partnership stated it has 51,057 shares. Ellington Mgmt Gp Ltd Liability reported 23,700 shares. Ubs Asset Management Americas Inc owns 10,700 shares for 0% of their portfolio. 41,961 were accumulated by Art Advsrs Ltd Liability Corp. The Nebraska-based Ameritas Prns has invested 0% in Syntel, Inc. (NASDAQ:SYNT). 203,145 were accumulated by Federated Invsts Inc Pa. Pnc Financial Gru reported 16 shares. California Public Employees Retirement Systems stated it has 0% in Syntel, Inc. (NASDAQ:SYNT). Nationwide Fund Advsr owns 18,867 shares. Stoneridge Invest Prns Limited Liability Company holds 27,437 shares. United Kingdom-based Legal And General Pcl has invested 0% in Syntel, Inc. (NASDAQ:SYNT).

Since August 29, 2017, it had 0 buys, and 8 sales for $77,278 activity. Andradi Ben sold $6,943 worth of stock. Garg Sanjay also sold $15,877 worth of Syntel, Inc. (NASDAQ:SYNT) on Tuesday, August 29. 1,000 shares were sold by Aggarwal Rahul B., worth $23,632 on Wednesday, October 25.

The stock of Syntel, Inc. (NASDAQ:SYNT) is a huge mover today! The stock increased 14.65% or $3.21 during the last trading session, reaching $25.12. About 889,430 shares traded or 126.83% up from the average. Syntel, Inc. (NASDAQ:SYNT) has declined 32.64% since February 15, 2017 and is downtrending. It has underperformed by 49.34% the S&P500.
The move comes after 7 months positive chart setup for the $2.08B company. It was reported on Feb, 15 by Barchart.com. We have $26.38 PT which if reached, will make NASDAQ:SYNT worth $104.05M more.

Syntel, Inc. (NASDAQ:SYNT) Ratings Coverage

Among 12 analysts covering Syntel Inc. (NASDAQ:SYNT), 1 have Buy rating, 1 Sell and 10 Hold. Therefore 8% are positive. Syntel Inc. had 33 analyst reports since August 14, 2015 according to SRatingsIntel. As per Tuesday, October 4, the company rating was maintained by Maxim Group. Wells Fargo downgraded Syntel, Inc. (NASDAQ:SYNT) rating on Friday, December 29. Wells Fargo has “Sell” rating and $21.0 target. The stock of Syntel, Inc. (NASDAQ:SYNT) earned “Hold” rating by SunTrust on Monday, October 24. Robert W. Baird maintained Syntel, Inc. (NASDAQ:SYNT) rating on Tuesday, October 3. Robert W. Baird has “Hold” rating and $20.0 target. The stock of Syntel, Inc. (NASDAQ:SYNT) earned “Buy” rating by Suntrust Robinson on Thursday, September 10. The firm has “Buy” rating by Maxim Group given on Wednesday, February 3. The rating was maintained by SunTrust on Wednesday, October 5 with “Buy”. The rating was upgraded by Robert W. Baird on Thursday, August 20 to “Outperform”. Maxim Group downgraded Syntel, Inc. (NASDAQ:SYNT) rating on Friday, July 15. Maxim Group has “Hold” rating and $48 target. The stock of Syntel, Inc. (NASDAQ:SYNT) earned “Neutral” rating by JP Morgan on Monday, January 11.

More news for Syntel, Inc. (NASDAQ:SYNT) were recently published by: Benzinga.com, which released: “40 Stocks Moving In Thursday’s Mid-Day Session” on February 15, 2018. Benzinga.com‘s article titled: “Mid-Morning Market Update: Markets Open Higher; Cisco Profit Tops Estimates” and published on February 15, 2018 is yet another important article.

Syntel, Inc. provides digital transformation, information technology , and knowledge process outsourcing (KPO) services worldwide. The company has market cap of $2.08 billion. The firm operates through Banking and Financial Services; Healthcare and Life Sciences; Insurance; Manufacturing; and Retail, Logistics, and Telecom divisions. It has a 12.25 P/E ratio. It offers managed services, including software applications development, maintenance, and digital modernization testing, as well as IT infrastructure, cloud, and migration services.

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.