In a report released on January 7, Matthew Hedberg from RBC Capital maintained a Hold rating on Ansys (ANSS – Research Report), with a price target of $375.00. The company’s shares closed yesterday at $353.95.
According to TipRanks, Hedberg is a 5-star analyst with an average return of 6.7% and a 54.56% success rate. Hedberg covers the Technology sector, focusing on stocks such as ServiceNow, Informatica, and Autodesk.
In addition to RBC Capital, Ansys also received a Hold from Citi’s Tyler Radke in a report issued on January 4. However, on the same day, Barclays maintained a Sell rating on Ansys (NASDAQ: ANSS).
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The company has a one-year high of $364.31 and a one-year low of $244.81. Currently, Ansys has an average volume of 726.4K.
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Ansys (ANSS) Company Description:
Incorporated in 1970, Pennsylvania-based ANSYS, Inc. develops and markets engineering simulation software and services. The company serves customers in the aerospace and defense, automotive, electronics, semiconductors, energy, materials and chemical processing, turbomachinery, consumer products, healthcare, and sports industries.
Read More on ANSS:
- QQQ ETF Update, 1/9/2024
- KeyBanc views Synopsys’ potential acquisition of Ansys ‘favorably’
- Ansys up, Synopsys down after Journal report on nearing merger deal
- Synopsys near deal to buy Ansys for about $35B in cash and stock, WSJ reports
- Synopsys discussing paying around $400 per share for Ansys, WSJ says
