D.A. Davidson analyst Rishi Jaluria maintained a Buy rating on Guidewire (NYSE: GWRE) today and set a price target of $106. The company’s shares opened today at $92.81, close to its 52-week high of $96.19.
According to TipRanks.com, Jaluria is a 4-star analyst with an average return of 15.7% and a 86.4% success rate. Jaluria covers the Technology sector, focusing on stocks such as Pegasystems Inc, Varonis Systems, and Cloudera Inc.
Currently, the analyst consensus on Guidewire is Strong Buy and the average price target is $99.80, representing a 7.5% upside.
In a report released yesterday, J.P. Morgan also maintained a Buy rating on the stock with a $100 price target.
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The company has a one-year high of $96.19 and a one-year low of $64.05. Currently, Guidewire has an average volume of 627.5K.
Based on the recent corporate insider activity of 156 insiders, corporate insider sentiment is negative on the stock.
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Guidewire Software, Inc. engages in the provision of software products for property and casualty insurers. Its products include InsuranceSuite, PolicyCenter, ClaimCenter, Add-on Modules, Underwriting Management, DataHub, InfoCenter, GuidewireLive, Predictive Analytics, Digital Portals, and InsuranceNow.
