Pegasystems Inc. with ticker code (PEGA) now have 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 95 and 81 and has a mean target at 89.75. With the stocks previous close at 75.31 this is indicating there is a potential upside of 19.2%. The 50 day moving average now sits at 75.55 and the 200 day moving average is 73.1. The company has a market capitalisation of $6,129m. Company Website: http://www.pega.com
Pegasystems Inc. develops, markets, licenses, and supports enterprise software applications in the United States, India, and internationally. It provides Pega Platform, an application development product for clients; and Pega Infinity, a software platform that unifies customer engagement and digital process automation. The company offers customer engagement applications, including Pega Marketing that enable enterprises to enhance customer acquisition and experiences across inbound, outbound, and paid media channels; Pega Sales Automation to automate and manage the sales process; and Pega Customer Service to anticipate customer needs, connect customers to people and systems, and automate customer interactions to evolve the customer service experience, as well as to allow enterprises to deliver interactions across channels and enhance employee productivity. It also provides digital process automation products for businesses with capabilities to automate industry-specific business processes. In addition, the company offers Pega Cloud that allows clients to develop, test, and deploy applications and the Pega Platform using an Internet-based infrastructure; and guidance and implementation, technical support, and instructor-led and online training services. It primarily markets its software and services to financial services, healthcare, manufacturing and high tech, communications and media, insurance, government, consumer services, and life sciences markets through a direct sales force, as well as partnerships with technology providers and application developers. Pegasystems Inc. was founded in 1983 and is headquartered in Cambridge, Massachusetts.