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Dassault Systemes SA (DASTY) Gets a Hold Rating from Kepler Capital

Kepler Capital analyst Laurent Daure maintained a Hold rating on Dassault Systemes SA (DASTYResearch Report) on June 17 and set a price target of EUR38.00. The company’s shares closed last Friday at $35.36, close to its 52-week low of $34.55.

According to TipRanks.com, Daure is ranked #7228 out of 7892 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dassault Systemes SA with a $39.88 average price target.

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Based on Dassault Systemes SA’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.37 billion and net profit of $237 million. In comparison, last year the company earned revenue of $1.22 billion and had a net profit of $204 million.

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Dassault Systèmes SA provides software solutions and consulting services. It offers end-to-end software applications and services which span design from early three-dimensional digital conceptual design drawings to full digital mock-up, from virtual testing of products and virtual production to manufacturing operations management and from digital marketing and sales to end-consumer shopping experience. The company was founded by Charles Edelstenne on June 9, 1981 and is headquartered in Vélizy-Villacoublay, France.

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