In a report issued on November 8, Richard Davis from Canaccord Genuity reiterated a Hold rating on Altair Engineering Inc (ALTR), with a price target of $36. The company’s shares opened today at $32.44.
According to TipRanks.com, Davis is a top 25 analyst with an average return of 35.9% and a 77.5% success rate. Davis covers the Technology sector, focusing on stocks such as Ceridian HCM Holding Inc, Upland Software, and Salesforce.com.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Altair Engineering Inc with a $40 average price target, representing a 23.3% upside. In a report issued on November 5, J.P. Morgan also maintained a Hold rating on the stock.
.
See today’s analyst top recommended stocks >>
The company has a one-year high of $43.99 and a one-year low of $20.50. Currently, Altair Engineering Inc has an average volume of 386.7K.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Altair Engineering, Inc. engages in the provision of software solutions for product design and development applications. It operates through the Software and Client Engineering Services segments. The Software segment includes a portfolio of software products; as well as solvers and optimization technology products, modelling and visualization tools.
