SS&C Technologies Holdings (SSNC) : 10 analysts are covering SS&C Technologies Holdings (SSNC) and their average rating on the stock is 1.9, which is read as a Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. SS&C Technologies Holdings (SSNC) also receives 3 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
SS&C Technologies Holdings (SSNC) : Currently there are 7 street experts covering SS&C Technologies Holdings (SSNC) stock. The most bullish and bearish price target for the stock is $38 and $32 respectively for the short term. The average price target of all the analysts comes to $35.79. The estimated standard deviation from the target is $2.
For the current week, the company shares have a recommendation consensus of Buy. SS&C Technologies Holdings (NASDAQ:SSNC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $31.59 and $31.29 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $31.70. The buying momentum continued till the end and the stock did not give up its gains. It closed at $31.69, notching a gain of 0.70% for the day. The total traded volume was 533,436 . The stock had closed at $31.47 on the previous day.
In a related news, The director officer (President and COO), of Ss&C Technologies Holdings Inc, Boulanger Normand A had unloaded 227,284 shares at $31.37 per share in a transaction on August 1, 2016. The total value of transaction was $7,129,899. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
SS&C Technologies Holdings, Inc. (SS&C Holdings) is a holding company, which provides software products and software-enabled services. The Company operates primarily through its subsidiary, SS&C Technologies, Inc. The Companys service offerings are classified as portfolio management/accounting; trading/treasury operations; financial modeling; loan management/accounting; property management; money market processing; software-enabled services; professional services, and product support. The Companys software products and software-enabled services automates and integrates front-office functions, such as trading and modeling; middle-office functions, such as portfolio management and reporting, and back-office functions, such as accounting, performance measurement, reconciliation, reporting, processing and clearing. Its other subsidiaries include Advent Software, Inc., and GlobeOp Financial Services S.A. and Prime Management Limited, among others.