PTC Inc. with ticker code (PTC) have now 12 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 100 and 78 calculating the mean target price we have 92.5. Now with the previous closing price of 81.46 this indicates there is a potential upside of 13.6%. There is a 50 day moving average of 79.58 while the 200 day moving average is 73.37. The company has a market capitalisation of $9,619m. Company Website: http://www.ptc.com
PTC Inc. operates as software and services company in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Software Products and Professional Services. It offers Creo, a suite of product design software that provides capabilities for design flexibility, advanced assembly design, piping and cabling design, advanced surfacing, comprehensive virtual prototyping, and other design functions; Windchill, a product lifecycle management software; ThingWorx, which includes cloud-based tools that allow customers to connect products and devices to the cloud; and Vuforia Studio, a cloud-based tool that enables industrial enterprises to author and publish augmented reality experiences. The company also provides consulting, implementation, training, cloud, and license and support services. PTC Inc. markets its products primarily through third-party resellers and strategic partners. The company was formerly known as Parametric Technology Corporation and changed its name to PTC Inc. in January 2013. PTC Inc. was founded in 1985 and is headquartered in Boston, Massachusetts.