A statement released earlier today by Goldman Sachs Group Inc. about Guidewire Software Inc (NYSE:GWRE) bumps the target price to $57.00
- Updated: October 3, 2016
Boasting a price of $60.27, Guidewire Software Inc (NYSE:GWRE) traded 0.48% higher on the day. With the last close up 1.79% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Guidewire Software Inc has recorded a 50-day average of $61.17 and a two hundred day average of $59.21. Volume of trade was up over the average, with 500,922 shares of GWRE changing hands over the typical 385,856
Goldman Sachs Group Inc. bumped up the target of Guidewire Software Inc (NYSE:GWRE) to $57.00 stating a potential downside of -0.05%.
With a total market value of $0, Guidewire Software Inc has price-earnings ratio of 301.35 with a one year low of $42.32 and a one year high of $64.78 .
A total of 5 analysts have released a research note on GWRE. Two analysts rating the company a strong buy, four analysts rating the company a buy, one analyst rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $70.00.
More About Guidewire Software Inc (NYSE:GWRE)
Guidewire Software, Inc. is a provider of software products for property and casualty (P&C) insurers. The Company's software serves as a technology platform for P&C insurance carriers. The Company's InsurancePlatform consists of three elements: core transaction processing, data management and analytics, and digital engagement. The Company sells its products to a range of global P&C insurance carriers ranging from global insurers to national carriers to regional carriers. The Company's core transaction processing includes Guidewire InsuranceSuite, Guidewire PolicyCenter, Guidewire ClaimCenter, Guidewire BillingCenter and InsuranceSuite Add-on Modules. The Company's data management and analytics includes Guidewire DataHub, Guidewire InfoCenter, Guidewire Live and Guidewire Predictive Analytics. The Company's digital engagement includes Guidewire Digital Portals.
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