SS&C Technologies Holdings (SSNC) Gets a Buy Rating from Raymond James


Raymond James analyst Patrick O’Shaughnessy maintained a Buy rating on SS&C Technologies Holdings (SSNC) today and set a price target of $67. The company’s shares closed on Monday at $45.11.

According to TipRanks.com, O’Shaughnessy is a 5-star analyst with an average return of 7.0% and a 58.5% success rate. O’Shaughnessy covers the Financial sector, focusing on stocks such as Intercontinental Exchange, E*Trade Financial, and Newmark Group Inc.

SS&C Technologies Holdings has an analyst consensus of Strong Buy, with a price target consensus of $66.

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SS&C Technologies Holdings’ market cap is currently $10.84B and has a P/E ratio of 46.72. The company has a Price to Book ratio of 2.57.

Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SSNC in relation to earlier this year.

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.

SS&C Technologies Holdings, Inc. engages in the development and provision of software solutions. Its portfolio of products provides functions including 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. It also caters to the institutional asset and wealth management, alternative investment management, financial advisory, and financial institutions vertical markets. The company was founded by William Charles Stone in February 1986 and is headquartered in Windsor, CT.

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