SS&C Technologies Holdings (SSNC) Receives Price Target

SS&C Technologies Holdings (SSNC) : The highest short term price target forecast on SS&C Technologies Holdings (SSNC) is $38 and the lowest target price is $32. A total of 6 equity analysts are currently covering the company. The average price of all the analysts is $35.58 with a standard deviation of $2.11.

SS&C Technologies Holdings (SSNC) : Zacks Investment Research ranks SS&C Technologies Holdings (SSNC) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 3 other analysts are mildly bullish on the stock and favor a Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 8 research analysts is 1.88, which indicates as a Buy.


Also, Brokerage firm Morgan Stanley maintains its rating on SS&C Technologies Holdings (NASDAQ:SSNC). As per the latest information, the brokerage house raises the price target to $37 per share from a prior target of $34. The shares have been rated Equal-weight. The rating by the firm was issued on July 28, 2016.

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 $33.03 and $32.90 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $33.57. The buying momentum continued till the end and the stock did not give up its gains. It closed at $33.37, notching a gain of 1.27% for the day. The total traded volume was 1,387,860 . The stock had closed at $32.95 on the previous day.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.