ANSYS (NASDAQ:ANSS) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.33 by 9 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 6 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Goldman Sachs initiates coverage on ANSYS (NASDAQ:ANSS) . The global brokerage major announces a current price target of $90 per share. Analysts at the Goldman Sachs have a current rating of Neutral on the shares. The rating by the firm was issued on May 26, 2016.
ANSYS (NASDAQ:ANSS): 5 analysts have set the short term price target of ANSYS (NASDAQ:ANSS) at $93.2. The standard deviation of short term price target has been estimated at $7.01, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 100 and $86 respectively.
ANSYS (NASDAQ:ANSS) rose 0.73% or 0.65 points on Tuesday and made its way into the gainers of the day. After trading began at $89.17 the stock was seen hitting $90.55 as a peak level and $89.15 as the lowest level. The stock ended up at $89.63. The daily volume was measured at 821,103 shares. The 52-week high of the share price is $98.39 and the 52-week low is $80.51. The company has a market cap of $7,891 million.
Shares of Ansys, Inc. rose by 2.8% in the last five trading days and 3.92% for the last 4 weeks. Ansys, Inc. is up 2.46% in the last 3-month period. Year-to-Date the stock performance stands at -3.1%.
ANSYS, Inc. (ANSYS) develops and markets engineering simulation software and services. The Company offers the suite to engineers, designers, researchers and students, and for industries and academia, including aerospace, automotive, manufacturing, electronics, biomedical, energy and defense. The Companys product portfolio consists of ANSYS Workbench, Structures, Fluids, Electronics, Systems and Academic. ANSYS Workbench is the framework upon which the Companys suite of engineering simulation technologies is built. The structures product suite offers simulation tools for product design and optimization. The fluids product suite enables modeling of fluid flow. The Companys system simulation capability is to design automated products. The academic product suite provides a portfolio of academic products-based on usage tiers, such as associate, research and teaching.