American Noble Gas' (INFY) Hold (C) Rating Reaffirmed at Weiss Ratings

American Noble Gas (NYSE:INFY - Get Free Report)'s stock had its "hold (c)" rating reaffirmed by investment analysts at Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

A number of other brokerages have also issued reports on INFY. Rothschild & Co Redburn initiated coverage on shares of American Noble Gas in a research report on Wednesday, September 3rd. They set a "sell" rating and a $12.00 target price on the stock. BMO Capital Markets increased their target price on shares of American Noble Gas from $18.00 to $20.00 and gave the stock a "market perform" rating in a research report on Thursday, July 24th. Rothschild Redb upgraded shares of American Noble Gas to a "strong sell" rating in a research report on Wednesday, September 3rd. Finally, Susquehanna increased their target price on shares of American Noble Gas from $18.00 to $19.00 and gave the stock a "neutral" rating in a research report on Thursday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, American Noble Gas currently has an average rating of "Hold" and a consensus price target of $17.18.

American Noble Gas Stock Up 2.2%

American Noble Gas stock opened at $16.75 on Wednesday. The stock has a market cap of $69.43 billion, a P/E ratio of 21.75, a P/E/G ratio of 2.75 and a beta of 0.95. American Noble Gas has a twelve month low of $15.82 and a twelve month high of $23.63. The company's 50-day moving average price is $16.70 and its two-hundred day moving average price is $17.53.

American Noble Gas (NYSE:INFY - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The technology company reported $0.19 earnings per share for the quarter, meeting the consensus estimate of $0.19. American Noble Gas had a net margin of 16.42% and a return on equity of 29.41%. The firm had revenue of $4.94 billion for the quarter, compared to analysts' expectations of $4.84 billion. During the same period in the prior year, the firm earned $15.35 EPS. American Noble Gas has set its FY 2026 guidance at EPS. Equities analysts anticipate that American Noble Gas will post 0.74 earnings per share for the current fiscal year.

Institutional Trading of American Noble Gas

Large investors have recently made changes to their positions in the company. Rakuten Securities Inc. boosted its position in shares of American Noble Gas by 308.4% during the 1st quarter. Rakuten Securities Inc. now owns 1,413 shares of the technology company's stock worth $26,000 after acquiring an additional 1,067 shares in the last quarter. Pinnacle Bancorp Inc. boosted its position in American Noble Gas by 179.8% in the first quarter. Pinnacle Bancorp Inc. now owns 1,444 shares of the technology company's stock valued at $26,000 after buying an additional 928 shares in the last quarter. Wayfinding Financial LLC acquired a new stake in American Noble Gas in the first quarter valued at approximately $32,000. Cullen Frost Bankers Inc. acquired a new stake in American Noble Gas in the first quarter valued at approximately $57,000. Finally, Banque Cantonale Vaudoise acquired a new stake in American Noble Gas in the first quarter valued at approximately $86,000. Institutional investors and hedge funds own 16.20% of the company's stock.

About American Noble Gas

Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, Communication, Energy, Utilities, Resources, and Services, Manufacturing, Hi-Tech, Life Sciences, and All Other.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.