In a report released today, Mark Palmer from BTIG reiterated a Buy rating on SS&C Technologies Holdings (SSNC), with a price target of $85.00. The company’s shares closed last Thursday at $71.33, close to its 52-week high of $74.00.
According to TipRanks.com, Palmer is a top 100 analyst with an average return of 20.7% and a 70.9% success rate. Palmer covers the Financial sector, focusing on stocks such as International Money Express, Genworth Financial, and Oportun Financial.
SS&C Technologies Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $76.30, a 9.2% upside from current levels. In a report issued on January 4, Deutsche Bank also maintained a Buy rating on the stock with a $85.00 price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $74.00 and a one-year low of $29.51. Currently, SS&C Technologies Holdings has an average volume of 960.4K.
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 firm’s services include managed, professional, technology & operations outsourcing and fund administration services. The company was founded by William Charles Stone in February 1986 and is headquartered in Windsor, CT.