Jefferies has revised its price target for Dassault Systemes (DASTY, Financial) downward to EUR 27 from a previous EUR 28, while maintaining an Underperform rating on the stock. The adjustment reflects the firm's view that the ongoing macroeconomic uncertainties reduce the likelihood of positive earnings surprises in Dassault's second quarter results. Jefferies also anticipates that doubts regarding the company's ability to meet its guidance will remain throughout the year.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for Dassault Systemes SE (DASTY, Financial) is $40.79 with a high estimate of $46.18 and a low estimate of $31.74. The average target implies an upside of 15.29% from the current price of $35.38. More detailed estimate data can be found on the Dassault Systemes SE (DASTY) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, Dassault Systemes SE's (DASTY, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Dassault Systemes SE (DASTY, Financial) in one year is $51.47, suggesting a upside of 45.48% from the current price of $35.38. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Dassault Systemes SE (DASTY) Summary page.
