Dassault Systèmes (OTCMKTS:DASTY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday, Zacks.com reports. The firm presently has a $256.00 target price on the technology company’s stock. Zacks Investment Research‘s price target would indicate a potential upside of 15.20% from the stock’s previous close.

According to Zacks, “Dassault Systemes is a worldwide recognized leader in CAD/CAM/CAE and PDM II markets. The company’s mission to provide solutions to enable customers to build their digital enterprise, by defining, simulating, managing and optimizing concurrently product, manufacturing process, and resources. In this virtual space, customers create innovative, high quality, safe and affordable products. The company delivers scaleable process and design-centric solutions on both Unix and Windows NT environments. “

DASTY has been the subject of a number of other reports. UBS Group reiterated a “sell” rating on shares of Dassault Systèmes in a research report on Friday, February 12th. Exane BNP Paribas upgraded shares of Dassault Systèmes from an “underperform” rating to a “neutral” rating in a report on Friday, February 5th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Dassault Systèmes in a research note on Monday, February 8th. Credit Suisse Group reaffirmed an “outperform” rating on shares of Dassault Systèmes in a research note on Friday, February 5th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Dassault Systèmes in a research note on Friday, February 5th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $256.00.

DASTY opened at $222.23 on Tuesday. The stock has a market capitalization of $57.66 billion, a PE ratio of 111.12, a P/E/G ratio of 4.36 and a beta of 0.78. Dassault Systèmes has a one year low of $137.60 and a one year high of $232.48. The company has a debt-to-equity ratio of 0.88, a quick ratio of 2.01 and a current ratio of 2.01. The business’s 50 day moving average price is $214.10 and its 200 day moving average price is $198.28.

Dassault Systèmes (OTCMKTS:DASTY) last announced its quarterly earnings results on Thursday, February 4th. The technology company reported $1.21 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.20 by $0.01. The business had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.44 billion. Dassault Systèmes had a return on equity of 15.21% and a net margin of 10.63%. As a group, equities research analysts forecast that Dassault Systèmes will post 3.63 earnings per share for the current fiscal year.

A number of hedge funds have recently modified their holdings of DASTY. Captrust Financial Advisors grew its stake in shares of Dassault Systèmes by 18.8% in the fourth quarter. Captrust Financial Advisors now owns 5,773 shares of the technology company’s stock worth $1,176,000 after acquiring an additional 914 shares in the last quarter. Logan Capital Management Inc. boosted its holdings in Dassault Systèmes by 0.9% in the fourth quarter. Logan Capital Management Inc. now owns 8,218 shares of the technology company’s stock valued at $1,671,000 after purchasing an additional 75 shares during the period. Finally, Private Capital Advisors Inc. boosted its holdings in Dassault Systèmes by 31.1% in the fourth quarter. Private Capital Advisors Inc. now owns 2,530 shares of the technology company’s stock valued at $515,000 after purchasing an additional 600 shares during the period. 0.76% of the stock is owned by institutional investors.

Dassault Systèmes Company Profile

Dassault Systèmes SE, together with its subsidiaries, provides software solutions and services worldwide. The company 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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