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CI&T (NYSE:CINT) Now Covered by TD Cowen

CI&T logo with Computer and Technology background

TD Cowen assumed coverage on shares of CI&T (NYSE:CINT - Free Report) in a research note issued to investors on Friday morning, Marketbeat Ratings reports. The firm issued a buy rating and a $9.00 price objective on the stock.

CINT has been the subject of several other reports. The Goldman Sachs Group initiated coverage on shares of CI&T in a research note on Wednesday, September 4th. They issued a "neutral" rating and a $7.30 target price for the company. Itau BBA Securities upgraded CI&T from a "market perform" rating to an "outperform" rating and set a $10.00 target price for the company in a research note on Friday, August 16th. Canaccord Genuity Group lifted their target price on CI&T from $9.00 to $10.00 and gave the stock a "buy" rating in a research report on Monday, November 18th. Citigroup increased their price target on CI&T from $6.00 to $8.00 and gave the company a "neutral" rating in a report on Monday, August 19th. Finally, JPMorgan Chase & Co. lifted their price objective on CI&T from $7.00 to $8.00 and gave the stock a "neutral" rating in a report on Friday, September 6th. Five equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, CI&T presently has an average rating of "Moderate Buy" and an average price target of $7.30.

Get Our Latest Analysis on CINT

CI&T Stock Down 1.1 %

NYSE CINT traded down $0.08 on Friday, reaching $6.94. The company had a trading volume of 57,800 shares, compared to its average volume of 93,098. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.58 and a quick ratio of 1.58. CI&T has a 1 year low of $3.34 and a 1 year high of $8.04. The firm has a 50-day moving average of $6.89 and a 200-day moving average of $6.18. The firm has a market capitalization of $932.82 million, a PE ratio of 54.00 and a beta of 1.14.

Institutional Investors Weigh In On CI&T

Several institutional investors have recently bought and sold shares of the stock. BW Gestao de Investimentos Ltda. raised its position in shares of CI&T by 101.1% during the 2nd quarter. BW Gestao de Investimentos Ltda. now owns 2,134,514 shares of the company's stock worth $11,099,000 after buying an additional 1,073,302 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of CI&T during the second quarter valued at approximately $76,000. Itau Unibanco Holding S.A. bought a new stake in CI&T during the second quarter worth approximately $2,264,000. Marshall Wace LLP lifted its position in CI&T by 245.6% in the second quarter. Marshall Wace LLP now owns 92,114 shares of the company's stock worth $479,000 after purchasing an additional 65,457 shares during the period. Finally, GSA Capital Partners LLP boosted its stake in CI&T by 12.5% during the 3rd quarter. GSA Capital Partners LLP now owns 27,010 shares of the company's stock valued at $183,000 after purchasing an additional 2,995 shares in the last quarter. Institutional investors and hedge funds own 92.45% of the company's stock.

CI&T Company Profile

(Get Free Report)

CI&T Inc, together with its subsidiaries, provides strategy, design, and software engineering services to enable digital transformation for enterprises and companies worldwide. It is also involved in the development of customizable software through the implementation of software solutions, including machine learning, artificial intelligence, analytics, cloud migration, and mobility technologies.

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Analyst Recommendations for CI&T (NYSE:CINT)

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