Vertical Research Initiates Coverage On CSRA Inc to Hold

Vertical Research Initiates Coverage On CSRA Inc(CSRA). The shares have been rated Hold. The rating by the stock financial advisor at Vertical Research was issued on Mar 17, 2017 in a research report to their Investors and Clients.

In a different note, On Mar 6, 2017, Cowen & Co. said it Downgrades its rating on CSRA Inc. According to the research note, Cowen & Co. Lowers the price target to $32 per share from a prior target of $35. The shares have been rated ‘Market Perform’ by the firm. Loop Capital said it Initiates Coverage On CSRA Inc, according to a research note issued on Feb 15, 2017. In the research note, the firm Announces the price-target to $36 per share. The shares have been rated ‘Buy’ by the firm.

CSRA Inc (CSRA) shares turned negative on Wednesdays trading session with the shares closing down -0.09 points or -0.31% at a volume of 8,80,719. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $29.07. The peak price level was also seen at $29.07 while the days lowest was $28.555. Finally the shares closed at $28.86. The 52-week high of the shares is $33.54 while the 52-week low is $21.95. According to the latest information available, the market cap of the company is $4,707 M.

CSRA Inc(CSRA) last announced its earnings results on Feb 7, 2017 for Fiscal Year 2017 and Q3.Company reported revenue of $1.222B. Analysts had an estimated revenue of $1.230B. Earnings per share were $0.48. Analysts had estimated an EPS of $0.46.

Several Insider Transactions has been reported to the SEC. On Mar 2, 2017, Paul Nedzbala (EVP, Health and Civil Group) sold 15,336 shares at $30.38 per share price.Also, On Feb 27, 2017, George Batsakis (EVP, Chief Growth Officer) sold 5,000 shares at $30.31 per share price.On Nov 23, 2016, John Reing (EVP, Chief HR Officer) sold 5,377 shares at $31.72 per share price, according to the Form-4 filing with the securities and exchange commission.

CSRA Inc. formerly Computer Sciences Government Services Inc. is a provider of information technology services. The Company offers mission- and operations-related services across the United States federal government to Department of Defense (DoD) Intelligence Community and homeland security civil and healthcare agencies. The Company operates in two segments: Defense and Intelligence and Civil. The Defense and Intelligence segment provides services to the DoD National Security Agency branches of the Armed Forces and other DoD agencies. The Civil segment provides services to various federal agencies within the Department of Homeland Security and other federal civil agencies as well as various state and local agencies. The Company offers a range of IT solutions and professional services to enable its customers modernize their legacy systems protect their networks and assets and improve the effectiveness and efficiency of mission-critical functions.

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