In a report released today, Ross MacMillan from RBC Capital reiterated a Hold rating on Ansys (NASDAQ: ANSS), with a price target of $188. The company’s shares opened today at $172.78.
According to TipRanks.com, MacMillan is a top 25 analyst with an average return of 29.6% and a 87.1% success rate. MacMillan covers the Technology sector, focusing on stocks such as Coupa Software Inc, Ultimate Software, and Salesforce.com.
Ansys has an analyst consensus of Moderate Buy, with a price target consensus of $181.17, which is a 4.9% upside from current levels. In a report released today, Evercore ISI also maintained a Hold rating on the stock with a $150 price target.
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The company has a one-year high of $184.95 and a one-year low of $119.20. Currently, Ansys has an average volume of 474.6K.
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ANSYS, Inc. engages in the development and marketing of engineering simulation software and services. Its product portfolio includes ANSYS Workbench, ANSYS Engineering Knowledge Management, computing product suite, geometry handling solutions, and meshing technology. The company was founded by John A. Swanson in 1970 and is headquartered in Canonsburg, PA.
