PTC Inc. – Consensus Indicates Potential 17.6% Upside

Broker Ratings
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PTC Inc. found using ticker (PTC) have now 15 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 170 and 129 calculating the mean target price we have 154.6. Given that the stocks previous close was at 131.46 this would indicate that there is a potential upside of 17.6%. The day 50 moving average is 128.01 and the 200 moving average now moves to 117.81. The company has a market cap of $15,408m. Visit the company website at: https://www.ptc.com

The potential market cap would be $18,121m based on the market concensus.

PTC Inc. operates as software company in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Software Products and Professional Services. It offers ThingWorx platform, which offers end-to-end capabilities to enable digital transformation; and Vuforia, which enables the creation of AR. In addition, the company provides Onshape, a cloud product development platform that delivers computer-aided design with data management tools; Arena, a PLM and QMS products that delivers cloud solutions; Creo, a 3D CAD technology enables for product design and development, and Windchill, a product lifecycle management software. Further, it offers Servigistics, service parts management solution; Codebeamer, an application lifecycle management for products and software development. PTC Inc. was incorporated in 1985 and is headquartered in Boston, Massachusetts.

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