William Blair analyst Matthew Pfau maintained a Buy rating on American Software (AMSWA – Research Report) today. The company’s shares opened today at $11.00.
According to TipRanks, Pfau is a 2-star analyst with an average return of 0.6% and a 46.00% success rate. Pfau covers the Technology sector, focusing on stocks such as Wix, American Software, and Shopify.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for American Software with a $18.50 average price target, implying a 68.18% upside from current levels. In a report released on August 28, Maxim Group also maintained a Buy rating on the stock with a $20.00 price target.
See today’s best-performing stocks on TipRanks >>
AMSWA market cap is currently $375.8M and has a P/E ratio of 33.93.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
American Software, Inc. engages in the development and marketing of supply chain management and enterprise software solutions. It operates through the following segments: Supply Chain Management (SCM), Information Technology (IT) Consulting, and Other. The SCM segment offers supply chain optimization and retail planning solutions. The IT Consulting segment provides software enhancements, documentation, updates, customer education, consulting, systems integration services, maintenance, and support services. The Other segment involves the purchasing and materials management, customer order processing, financial, e-commerce, and traditional manufacturing solutions. The company was founded by James C. Edenfield in 1970 and is headquartered in Atlanta, GA.
Read More on AMSWA:
