Dassault Systemes SE (DASTY) Lifted to Strong-Buy at Zacks Investment Research

Zacks Investment Research upgraded shares of Dassault Systemes SE (NASDAQ:DASTY) from a hold rating to a strong-buy rating in a report released on Tuesday morning. Zacks Investment Research currently has $94.00 target price on the stock.

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. “

Shares of Dassault Systemes SE (NASDAQ:DASTY) traded down 0.390% during midday trading on Tuesday, reaching $81.215. The company’s stock had a trading volume of 8,697 shares. The stock has a 50-day moving average price of $77.94 and a 200-day moving average price of $80.34. Dassault Systemes SE has a 52-week low of $70.74 and a 52-week high of $89.49. The stock has a market cap of $20.64 billion and a price-to-earnings ratio of 43.805.

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Dassault Systemes SE Company Profile

Dassault Systemes SE is a France-based company that operates as a holding company. It provides end-to-end software, content and services, designed to support companies’ innovation processes. Its software applications and services encompass approximately three principal spheres, which include Product-Sphere, Geo-Sphere and Bio-Sphere.

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