Analyst Ratings For Ansys
Portfolio Pulse from Benzinga Insights
Analyst ratings for Ansys (NASDAQ:ANSS) have shown a mix of neutrality and slight bearishness over the last quarter, with a recent shift towards a more neutral stance in the last 30 days. The average 12-month price target for ANSS has been raised to $340.0, indicating a 2.41% increase from the previous target. Ansys's financial performance showcases strong revenue growth and net margin, but a below-average Return on Equity (ROE).
March 05, 2024 | 1:02 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Analyst ratings for Ansys have varied, with a recent average price target increase to $340. The company shows strong revenue growth and net margin, but ROE is below industry standards.
The increase in the average price target to $340 reflects a positive outlook from analysts, likely due to Ansys's strong revenue growth and net margin. However, the mixed ratings and below-average ROE suggest caution. The recent shift towards a more neutral stance by analysts could indicate a stabilization in expectations, potentially leading to short-term positive sentiment among investors.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100