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.

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