PTC Inc. with ticker code (PTC) now have 13 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 120 and 88 with the average target price sitting at 98.69. Given that the stocks previous close was at 92.64 this is indicating there is a potential upside of 6.5%. The 50 day MA is 87.32 and the 200 moving average now moves to 74.47. The market capitalisation for the company is $10,728m. You can visit the company’s website by visiting: 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.