In a report released today, Shlomo Rosenbaum from Stifel Nicolaus reiterated a Buy rating on CCC Intelligent Solutions Holdings (CCCS – Research Report), with a price target of $14.00. The company’s shares closed yesterday at $11.60.
Rosenbaum covers the Industrials sector, focusing on stocks such as Vestis Corporation, Equifax, and TransUnion. According to TipRanks, Rosenbaum has an average return of 6.3% and a 58.20% success rate on recommended stocks.
In addition to Stifel Nicolaus, CCC Intelligent Solutions Holdings also received a Buy from Jefferies’s Samad Samana in a report issued today. However, on the same day, Barclays assigned a Hold rating to CCC Intelligent Solutions Holdings (NASDAQ: CCCS).
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CCCS market cap is currently $6.99B and has a P/E ratio of -61.77.
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CCCS in relation to earlier this year.
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CCC Intelligent Solutions Holdings (CCCS) Company Description:
CCC Intelligent Solutions provides a cloud-based SaaS platform for the P&C (property and casualty) insurance economy. It digitizes workflows, connects businesses across the insurance economy, and facilitates commerce.
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