Unisys (UIS)

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Unisys Corporation (NYSE:UIS) Receives ‘Buy’ Rating From Sidoti

By Brenton Akerman / in US Broker Ratings / on Tuesday, 29 Mar 2016 02:20 PM / 0 Comments

According to an update released by analysts at Sidoti the broker has now set a ‘Buy’ rating on shares of Unisys Corporation (NYSE:UIS) with a price target of 13.

On Tuesday Sidoti indicated its rating on shares of Unisys Corporation as ‘Buy’ issuing a recommended target price of 13 potentially meaning there is an increase of 64.87% from Unisys Corporation’s share price of 7.89.

Unisys Corporation has 49,937,000 shares currently held by shareholders which have a trade price of 7.89 totalling Unisys Corporation’s market capitalisation to 393.75M USD.

Over the period of 12 months Unisys Corporation’s share price has increased by 0% to 7.89 from 0.00.
The business has a 50 day moving average of 9.57 and a 200 day moving average of 11.38 whilst the 52 week high shares of Unisys Corporation have reached is 23.97 and the 52 week low is 7.1.

Unisys Corporation is a global Information Technology (IT) company. The Company provides outsourcing and managed services, systems integration and consulting services, server technology, cybersecurity and cloud management software and maintenance and infrastructure support services. The Company operates through two segments: Services and Technology. The Company’s services include outsourcing, systems integration and consulting, infrastructure services and maintenance. The Company’s Technology segment designs and develops software, servers and related products. The Company’s product offerings include enterprise-class servers, such as the ClearPath family of servers, the Forward! by Unisys line of fabric servers, and the ES family of servers; the Unisys Stealth family of cybersecurity software, and operating system software and middleware.
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http://www.sharetrading.news/2016/03/29/unisys-corporation-nyseuis-receives-buy-rating-from-sidoti/

UIS