In a report released today, Patrick O’Shaughnessy from Raymond James maintained a Buy rating on SS&C Technologies Holdings (SSNC – Research Report), with a price target of $83.00. The company’s shares closed last Thursday at $57.81, close to its 52-week low of $54.59.
According to TipRanks.com, O’Shaughnessy is a 4-star analyst with an average return of 4.8% and a 54.1% 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 Strong Buy, with a price target consensus of $75.00, a 25.0% upside from current levels. In a report issued on July 25, William Blair also initiated coverage with a Buy rating on the stock.
SS&C Technologies Holdings’ market cap is currently $15.68B and has a P/E ratio of 20.62.
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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.
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