In a report released on May 25, Joseph Vruwink from Robert W. Baird maintained a Buy rating on Autodesk (ADSK – Research Report), with a price target of $230.00. The company’s shares closed last Friday at $198.90.
Vruwink covers the Technology sector, focusing on stocks such as Autodesk, Veeva Systems, and PTC. According to TipRanks, Vruwink has an average return of 5.2% and a 57.40% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Autodesk with a $232.00 average price target, implying a 16.64% upside from current levels. In a report released on May 26, RBC Capital also reiterated a Buy rating on the stock with a $250.00 price target.
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ADSK market cap is currently $42.72B and has a P/E ratio of 51.51.
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Autodesk, Inc. designs and develops software for the architecture, engineering, manufacturing, construction, and media and entertainment industries. Moreover, its digital media and entertainment solutions consists of tools for digital sculpting, animation, effects, modeling, rendering, and compositing for design visualization, visual effects, and games production.
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