Dassault Systèmes (OTCMKTS:DASTY – Get Rating) had its price objective lowered by equities research analysts at JPMorgan Chase & Co. from €58.00 ($62.37) to €54.00 ($58.06) in a research note issued to investors on Friday, The Fly reports.
DASTY has been the subject of a number of other research reports. Berenberg Bank assumed coverage on Dassault Systèmes in a research note on Friday, February 18th. They set a “buy” rating for the company. Societe Generale upgraded Dassault Systèmes from a “hold” rating to a “buy” rating in a research note on Friday, February 4th. Morgan Stanley cut their price target on Dassault Systèmes from €61.00 ($65.59) to €53.00 ($56.99) in a research note on Monday, March 28th. Barclays upgraded Dassault Systèmes from an “equal weight” rating to an “overweight” rating in a research note on Thursday. Finally, Zacks Investment Research downgraded Dassault Systèmes from a “hold” rating to a “sell” rating in a research note on Thursday, April 21st. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $55.75.
DASTY stock opened at $45.21 on Friday. The stock has a 50-day moving average price of $46.76 and a 200-day moving average price of $52.59. Dassault Systèmes has a 1-year low of $40.75 and a 1-year high of $64.00. The company has a current ratio of 1.36, a quick ratio of 1.39 and a debt-to-equity ratio of 0.48. The firm has a market cap of $60.46 billion, a PE ratio of 63.86, a price-to-earnings-growth ratio of 4.06 and a beta of 0.90.
A number of institutional investors have recently bought and sold shares of the stock. Sustainable Growth Advisers LP raised its holdings in Dassault Systèmes by 400.0% during the 3rd quarter. Sustainable Growth Advisers LP now owns 210,015 shares of the technology company’s stock valued at $11,067,000 after acquiring an additional 168,012 shares during the period. Boston Common Asset Management LLC raised its holdings in Dassault Systèmes by 374.2% during the 3rd quarter. Boston Common Asset Management LLC now owns 72,162 shares of the technology company’s stock valued at $3,802,000 after acquiring an additional 56,945 shares during the period. Sky Investment Group LLC raised its holdings in Dassault Systèmes by 383.7% during the 3rd quarter. Sky Investment Group LLC now owns 47,500 shares of the technology company’s stock valued at $2,503,000 after acquiring an additional 37,680 shares during the period. Henry James International Management Inc. raised its holdings in Dassault Systèmes by 6.9% during the 4th quarter. Henry James International Management Inc. now owns 25,932 shares of the technology company’s stock valued at $1,548,000 after acquiring an additional 1,685 shares during the period. Finally, Captrust Financial Advisors raised its holdings in Dassault Systèmes by 394.7% during the 3rd quarter. Captrust Financial Advisors now owns 23,709 shares of the technology company’s stock valued at $1,249,000 after acquiring an additional 18,916 shares during the period. Institutional investors and hedge funds own 0.20% of the company’s stock.
Dassault Systèmes Company Profile (Get Rating)
Dassault SystÃ¨mes SE provides software solutions and services worldwide. It offers SOLIDWORKS design software for 3D design, electrical and printed circuit board design, product data management, simulation, manufacturing, and technical communication; CATIA, an engineering and design software for product 3D computer-aided design; GEOVIA for modeling and simulating the earth; and BIOVIA that provides the scientific community with advanced biological, chemical, and materials experiences.
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