In a report released today, Patrick O’Shaughnessy from Raymond James maintained a Buy rating on SS&C Technologies Holdings (SSNC). The company’s shares closed last Monday at $71.31, close to its 52-week high of $74.00.
According to TipRanks.com, O’Shaughnessy is a 5-star analyst with an average return of 13.4% and a 74.8% success rate. O’Shaughnessy covers the Financial sector, focusing on stocks such as AssetMark Financial Holdings, Intercontinental Exchange, and Focus Financial Partners.
SS&C Technologies Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $72.78, representing a 3.2% upside. In a report issued on December 8, D.A. Davidson also maintained a Buy rating on the stock with a $84.00 price target.
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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 1M.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SSNC in relation to earlier this year.
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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 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.