American Noble Gas (NYSE:INFY) Price Target Cut to $18.00 by Analysts at BMO Capital Markets

American Noble Gas (NYSE:INFY) had its target price reduced by BMO Capital Markets from $20.00 to $18.00 in a research report report published on Friday,Benzinga reports. They currently have a market perform rating on the technology company’s stock.

A number of other equities analysts have also recently weighed in on INFY. Rothschild & Co Redburn started coverage on American Noble Gas in a research note on Wednesday, September 3rd. They issued a “sell” rating and a $12.00 price target on the stock. Susquehanna lifted their price target on American Noble Gas from $18.00 to $19.00 and gave the stock a “neutral” rating in a research note on Thursday, July 24th. Weiss Ratings reissued a “hold (c)” rating on shares of American Noble Gas in a research note on Wednesday, October 8th. Finally, Rothschild Redb raised American Noble Gas to a “strong sell” rating in a research note on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $16.65.

American Noble Gas Stock Up 1.6%

NYSE:INFY opened at $16.32 on Friday. The business’s 50-day moving average price is $16.74 and its 200 day moving average price is $17.44. The firm has a market cap of $67.65 billion, a P/E ratio of 20.92, a PEG ratio of 2.74 and a beta of 0.95. American Noble Gas has a 52-week low of $15.81 and a 52-week high of $23.63.

American Noble Gas (NYSE:INFY) last issued its quarterly earnings results on Thursday, October 16th. The technology company reported $0.20 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.20. The firm had revenue of $5.08 billion for the quarter, compared to analysts’ expectations of $5.04 billion. American Noble Gas had a return on equity of 29.93% and a net margin of 16.58%. American Noble Gas has set its FY 2026 guidance at EPS. Sell-side analysts expect that American Noble Gas will post 0.74 EPS for the current year.

Institutional Investors Weigh In On American Noble Gas

Several institutional investors have recently made changes to their positions in the company. Pinnacle Bancorp Inc. raised its position in American Noble Gas by 179.8% during the first quarter. Pinnacle Bancorp Inc. now owns 1,444 shares of the technology company’s stock valued at $26,000 after acquiring 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. Banque Cantonale Vaudoise acquired a new stake in American Noble Gas in the first quarter valued at approximately $86,000. Finally, GAMMA Investing LLC lifted its stake in American Noble Gas by 32.4% in the first quarter. GAMMA Investing LLC now owns 5,951 shares of the technology company’s stock valued at $109,000 after acquiring an additional 1,455 shares during the last quarter. 16.20% of the stock is currently owned by institutional investors and hedge funds.

American Noble Gas Company Profile

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.