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Mizuho Securities Maintains Genpact(G.US) With Hold Rating

Futu News ·  Nov 12 16:31  · Ratings

Mizuho Securities analyst Sean Kennedy maintains $Genpact (G.US)$ with a hold rating.

According to TipRanks data, the analyst has a success rate of 88.9% and a total average return of 12.4% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $Genpact (G.US)$'s main analysts recently are as follows:

  • The firm has forecasted a continued trajectory of outperformance into F2024, with revenue and EPS surpassing expectations. Additionally, a robust conclusion to the year is anticipated, as evidenced by the optimistic revenue and EPS outlook for the fourth quarter.

  • The third-quarter outcomes for Genpact were favorable, with revenue, margins, and earnings per share surpassing the consensus estimates, and the company has also increased its guidance; the overall risk/reward is considered to be slightly positive.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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