Berenberg Bank Upgrades Dassault Systèmes (OTCMKTS:DASTY) to “Strong-Buy”

Dassault Systèmes (OTCMKTS:DASTY) was upgraded by investment analysts at Berenberg Bank from a “hold” rating to a “strong-buy” rating in a report issued on Monday,Zacks.com reports.

Dassault Systèmes Stock Up 2.7 %

Dassault Systèmes stock opened at $42.95 on Monday. The company has a current ratio of 1.93, a quick ratio of 1.93 and a debt-to-equity ratio of 0.26. The firm’s fifty day moving average price is $38.55 and its two-hundred day moving average price is $37.25. The firm has a market capitalization of $57.49 billion, a price-to-earnings ratio of 43.83, a price-to-earnings-growth ratio of 3.83 and a beta of 0.92. Dassault Systèmes has a 1-year low of $32.85 and a 1-year high of $46.64.

Dassault Systèmes (OTCMKTS:DASTY) last released its quarterly earnings results on Tuesday, February 4th. The technology company reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.04). Dassault Systèmes had a net margin of 19.29% and a return on equity of 18.50%. On average, equities research analysts predict that Dassault Systèmes will post 1.31 earnings per share for the current fiscal year.

About Dassault Systèmes

Dassault Systèmes SE provides software solutions and services worldwide. It offers SOLIDWORKS provides easy-to-use 2D and 3D product development solutions accessible to any business; CATIA, an engineering and design software for product 3D computer-aided design; GEOVIA for intersection of natural resources, infrastructure, and urban planning; and BIOVIA that develops chemicals, biologics, and materials experiences.