DA Davidson has increased its price target for SS&C Technologies Holdings, Inc. (SSNC, Financial) from $94 to $98, while maintaining a Buy rating on the stock. The company is anticipated to either meet or slightly surpass the firm's expectations for the quarter. Furthermore, management is likely to uphold or make minor adjustments to their annual forecasts, according to analyst insights.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 9 analysts, the average target price for SS&C Technologies Holdings Inc (SSNC, Financial) is $93.27 with a high estimate of $105.00 and a low estimate of $75.00. The average target implies an upside of 13.05% from the current price of $82.50. More detailed estimate data can be found on the SS&C Technologies Holdings Inc (SSNC) Forecast page.
Based on the consensus recommendation from 11 brokerage firms, SS&C Technologies Holdings Inc's (SSNC, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" 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 SS&C Technologies Holdings Inc (SSNC, Financial) in one year is $72.41, suggesting a downside of 12.23% from the current price of $82.5. 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 SS&C Technologies Holdings Inc (SSNC) Summary page.
