American Noble Gas Inc. (NYSE:INFY) Receives $16.65 Average Target Price from Analysts

Shares of American Noble Gas Inc. (NYSE:INFY) have been given a consensus rating of “Hold” by the thirteen research firms that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $16.65.

INFY has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of American Noble Gas in a research note on Thursday, November 13th. Rothschild & Co Redburn initiated coverage on American Noble Gas in a research note on Wednesday, September 3rd. They set a “sell” rating and a $12.00 price objective on the stock. Rothschild Redb raised American Noble Gas to a “strong sell” rating in a research note on Wednesday, September 3rd. BMO Capital Markets decreased their target price on American Noble Gas from $20.00 to $18.00 and set a “market perform” rating for the company in a research note on Friday, October 17th. Finally, TD Cowen lowered their price target on American Noble Gas from $17.00 to $16.00 and set a “hold” rating for the company in a report on Friday, October 17th.

American Noble Gas Trading Up 1.0%

NYSE:INFY opened at $16.93 on Friday. American Noble Gas has a 1-year low of $15.81 and a 1-year high of $23.63. The firm has a market capitalization of $70.18 billion, a price-to-earnings ratio of 21.71, a PEG ratio of 2.85 and a beta of 0.98. The business’s 50-day moving average price is $16.79 and its two-hundred day moving average price is $17.41.

American Noble Gas (NYSE:INFY) last announced its quarterly earnings results on Thursday, October 16th. The technology company reported $0.20 EPS for the quarter, meeting analysts’ consensus estimates of $0.20. The company had revenue of $5.08 billion during the quarter, compared to analysts’ expectations of $5.04 billion. American Noble Gas had a return on equity of 29.40% and a net margin of 16.58%. American Noble Gas has set its FY 2026 guidance at EPS. Sell-side analysts predict that American Noble Gas will post 0.74 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Principal Financial Group Inc. raised its holdings in shares of American Noble Gas by 272.8% during the first quarter. Principal Financial Group Inc. now owns 152,443 shares of the technology company’s stock worth $2,782,000 after acquiring an additional 111,553 shares during the period. Xponance Inc. acquired a new position in American Noble Gas in the 1st quarter worth $234,000. Cullen Frost Bankers Inc. bought a new position in American Noble Gas during the 1st quarter worth about $57,000. Kestra Private Wealth Services LLC raised its stake in shares of American Noble Gas by 5.5% in the 1st quarter. Kestra Private Wealth Services LLC now owns 57,585 shares of the technology company’s stock valued at $1,051,000 after purchasing an additional 3,021 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich lifted its holdings in shares of American Noble Gas by 4.6% in the first quarter. Bank Julius Baer & Co. Ltd Zurich now owns 3,377,546 shares of the technology company’s stock valued at $66,371,000 after purchasing an additional 149,335 shares in the last quarter. Institutional investors own 16.20% of the company’s stock.

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.