Brokerage Firm Rating Update on SS&C Technologies Holdings (SSNC)

SS&C Technologies Holdings (SSNC) : Zacks Investment Research ranks SS&C Technologies Holdings (SSNC) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 3 other analysts are mildly bullish on the stock and favor a Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 8 research analysts is 1.88, which indicates as a Buy.

SS&C Technologies Holdings (SSNC) : 6 investment research analysts covering SS&C Technologies Holdings (SSNC) have an average price target of $35.58 for the near short term. The highest target price given by the Brokerage Firm to the stock is $38 and the lowest target is $32 for the short term. Analysts expect the variance to be within $2.11 of the average price.


For the current week, the company shares have a recommendation consensus of Buy. Also, Equity analysts at the Brokerage firm Morgan Stanley maintains its rating on SS&C Technologies Holdings (NASDAQ:SSNC). The rating major has initiated the coverage with equal-weight rating on the shares. The Analysts at Morgan Stanley raises the price target from $34 per share to $37 per share. The rating by the firm was issued on July 28, 2016.

SS&C Technologies Holdings (NASDAQ:SSNC): The stock opened at $33.74 and touched an intraday high of $34.06 on Wednesday. During the day, the stock corrected to an intraday low of $33.62, however, the bulls stepped in and pushed the price higher to close in the green at $34.055 with a gain of 0.78% for the day. The total traded volume for the day was 838,745. The stock had closed at $33.79 in the previous trading session.

SS&C Technologies Holdings, Inc. (SS&C Holdings) is a holding company, which provides software products and software-enabled services. The Company operates primarily through its subsidiary, SS&C Technologies, Inc. The Companys service offerings are classified as portfolio management/accounting; trading/treasury operations; financial modeling; loan management/accounting; property management; money market processing; software-enabled services; professional services, and product support. The Companys software products and software-enabled services automates and integrates front-office functions, such as trading and modeling; middle-office functions, such as portfolio management and reporting, and back-office functions, such as accounting, performance measurement, reconciliation, reporting, processing and clearing. Its other subsidiaries include Advent Software, Inc., and GlobeOp Financial Services S.A. and Prime Management Limited, among others.

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