News stories about Luxoft (NYSE:LXFT) have trended somewhat positive on Saturday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Luxoft earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave headlines about the software maker an impact score of 46.2918229783661 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

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

Luxoft (NYSE LXFT) opened at $51.15 on Friday. The stock has a market capitalization of $1,812.90, a PE ratio of 25.74 and a beta of 1.45. Luxoft has a 52 week low of $40.15 and a 52 week high of $67.85.

Several equities analysts have recently issued reports on the company. VTB Capital assumed coverage on Luxoft in a research note on Tuesday, August 15th. They issued a “buy” rating and a $65.00 price objective for the company. Cowen set a $63.00 price objective on Luxoft and gave the company a “buy” rating in a research note on Friday, August 11th. KeyCorp reiterated a “hold” rating on shares of Luxoft in a research note on Friday, November 3rd. Credit Suisse Group cut Luxoft from a “neutral” rating to an “underperform” rating in a research note on Thursday, September 7th. Finally, Zacks Investment Research cut Luxoft from a “buy” rating to a “strong sell” rating in a research note on Wednesday, August 16th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $59.43.

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Luxoft Company Profile

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 (NYSE:LXFT)

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