Headlines about Luxoft Holding (NYSE:LXFT) have been trending somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Luxoft Holding earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave headlines about the software maker an impact score of 46.6747994738206 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:

Several research firms have recently weighed in on LXFT. VTB Capital began coverage on Luxoft Holding in a research report on Tuesday, August 15th. They set a “buy” rating and a $65.00 price objective for the company. Cowen and Company set a $63.00 price target on Luxoft Holding and gave the company a “buy” rating in a research report on Friday, August 11th. KeyCorp reissued a “hold” rating on shares of Luxoft Holding in a research report on Friday, November 3rd. Credit Suisse Group cut Luxoft Holding from a “neutral” rating to an “underperform” rating in a research report on Thursday, September 7th. Finally, Zacks Investment Research lowered Luxoft Holding from a “buy” rating to a “strong sell” rating in a research note on Wednesday, August 16th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $59.50.

Shares of Luxoft Holding (NYSE:LXFT) traded up $0.35 during mid-day trading on Wednesday, hitting $52.10. The company’s stock had a trading volume of 469,935 shares, compared to its average volume of 210,939. The firm has a market cap of $1,750.00, a P/E ratio of 24.86 and a beta of 1.45. Luxoft Holding has a 52-week low of $40.15 and a 52-week high of $67.85.

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About Luxoft Holding

Luxoft Holding, Inc, is a provider of software development services and information technology (IT) solutions to a global client base consisting primarily of large multinational corporations. The Company’s software development services consist of custom software development and support, product engineering and testing, and technology consulting.

Insider Buying and Selling by Quarter for Luxoft Holding (NYSE:LXFT)

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