The Barclays PLC Increases Autodesk, Inc. (ADSK) Price Target to $114.00

Ivan Schwartz
June 22, 2017

First Personal Fincl Services invested 0% of its portfolio in Autodesk, Inc. Baird Financial Group Inc. now owns 2,838 shares of the software company's stock valued at $210,000 after buying an additional 29 shares during the period. Finemark National Bank & Trust And Trust has invested 0.29% in Autodesk, Inc.

Shares of Autodesk (NASDAQ ADSK) traded up 0.56% during mid-day trading on Wednesday, reaching $105.52. It has outperformed by 74.38% the S&P500. Company stocks with a market cap between Rs 2 crore and 10 crore are mid cap stocks and those less than Rs 2 crore market cap are small cap stocks. The Firm has two Phase III product candidates, liprotamase also known as Sollpura and blisibimod. After $0.22 actual earnings per share reported by Steelcase Inc. for the previous quarter, Wall Street now forecasts -13.64% negative EPS growth. Sollpura is a non-porcine investigational Pancreatic Enzyme Replacement Therapy (PERT) intended for the treatment of patients with Exocrine Pancreatic Insufficiency (EPI), often seen in patients with cystic fibrosis and other conditions.

Autodesk, Inc. (NASDAQ:ADSK) now has a PEG ratio of 0.00 where as its P/E ratio is 0.00.

Autodesk, Inc. was covered by a number of analysts recently, 8 rated the stock as Buy, 4 rated Hold, 0 rated sell and 1 gave an Underperform. Therefore 60% are positive.

Autodesk, Inc. (NASDAQ:ADSK) had its price objective boosted by Barclays PLC from $105.00 to $114.00 in a research note released on Friday, May 19th, MarketBeat Ratings reports. The rating was maintained by Credit Suisse on Friday, February 26 with "Outperform". The firm has "Sector Perform" rating given on Wednesday, November 30 by RBC Capital Markets. As per Friday, September 9, the company rating was initiated by Wedbush. Canaccord Genuity reaffirmed a "buy" rating and set a $120.00 price objective on shares of Autodesk in a report on Wednesday. Autodesk, Inc. The stock's market capitalization is $23.13 billion. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is Mean Rating on scale of 1-5. Rosenblatt upgraded the shares of ADSK in report on Thursday, December 8 to "Neutral" rating. The legal version of this piece can be read at https://sportsperspectives.com/2017/06/21/autodesk-inc-adsk-earns-outperform-rating-from-cowen-and-company-updated-updated-updated-updated.html.

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Since December 22, 2016, it had 0 insider purchases, and 22 sales for $44.84 million activity. $741,141 worth of Autodesk, Inc. Di Fronzo Pascal W also sold $571,457 worth of Autodesk, Inc. Connor Clark & Lunn Investment Management Ltd. now owns 41,700 shares of the software company's stock worth $3,016,000 after buying an additional 37,500 shares during the last quarter. Shares for $7.69M were sold by BASS CARL. On Monday, June 5 Underwood Paul D. sold $726,452 worth of Autodesk, Inc. Blum Steven M had sold 55,088 shares worth $4.69 million. Comparatively, ADSK posted earnings of $0.03 per share in the same quarter, a year earlier. Clinton Grp reported 43,065 shares stake. Facebook Inc (NASDAQ:FB) was reduced too.

Investors sentiment increased to 0.89 in 2016 Q4. Its down 0.29, from 1.3 in 2016Q3. It increased, as 45 investors sold Autodesk, Inc. shares while 169 reduced holdings. 58 funds opened positions while 132 raised stakes. Moreover, First Manhattan Company has 0% invested in Autodesk, Inc. (NASDAQ:ADSK) by 4.2% during the first quarter, according to its most recent disclosure with the SEC. 879,375 shares of the stock were exchanged. Oppenheimer & has invested 0.01% in Autodesk, Inc. (NASDAQ:ADSK). 200 are held by Mitsubishi Ufj Secs Holdings. State Board Of Administration Of Florida Retirement Sys holds 0.07% or 316,277 shares in its portfolio.

04/13/2017 - Guggenheim began new coverage on Autodesk, Inc. giving the company a "neutral" rating. (NASDAQ:ADSK) or 52,419 shares. Raymond James Na holds 0.05% of its portfolio in Autodesk, Inc. Finally, Venturi Wealth Management LLC bought a new position in Autodesk during the first quarter valued at approximately $211,000. (NASDAQ:ADSK). Spot Trading Lc holds 0.11% or 65,604 shares in its portfolio. Point72 Asia (Hong Kong) Limited invested 0.08% in Steelcase Inc. (NASDAQ:ADSK). Natl Pension holds 196,313 shares or 0.1% of its portfolio. (NASDAQ:ADSK) was sold by Anagnost Andrew. Quantres Asset Mgmt holds 1.59% in Autodesk, Inc.

For instance, a company has 20 million outstanding shares and the current market price of each share is Rs100. Hsbc Public Limited Company holds 0% in Steelcase Inc. Autodesk Inc. has $100 highest and $9 lowest target. $67.88's average target is -35.31% below currents $104.93 stock price. Westpac Banking Corp has 12,803 shares for 0% of their portfolio. Rhenman & Partners Asset Management Ab owns 200,000 shares or 0.02% of their U.S. portfolio. Blackrock Japan Company Ltd owns 0% invested in World Fuel Services Corp (NYSE:INT) for 12,962 shares. The California-based Bvf Inc Il has invested 0.01% in the stock. Steadfast Advisors Ltd Partnership reported 95,906 shares stake.

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