SS&C Technologies Holdings (SSNC) Receives a Hold from D.A. Davidson


D.A. Davidson analyst Peter Heckmann maintained a Hold rating on SS&C Technologies Holdings (NASDAQ: SSNC) today and set a price target of $60. The company’s shares closed on Friday at $53.34.

Heckmann has an average return of 25.1% when recommending SS&C Technologies Holdings.

According to TipRanks.com, Heckmann is ranked #775 out of 4871 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for SS&C Technologies Holdings with a $64 average price target.

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SS&C Technologies Holdings’ market cap is currently $12.78B and has a P/E ratio of 51.29. The company has a Price to Book ratio of 3.04.

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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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