Guidewire Software Inc (NYSE:GWRE) has been downgraded to Underperform in a report by Bank of America Corp. today.
- Updated: September 15, 2016
Only yesterday Guidewire Software Inc (NYSE:GWRE) traded 1.68% lower at $61.17. Guidewire Software Inc’s 50-day moving average is $61.83 and its 200-day average is $58.51. The last stock close is up 2.79% relative to the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Volume of trade was was down over the average, with 50,507 shares of GWRE changing hands under the typical 477,508 shares..
Bank of America Corp. has downgraded Guidewire Software Inc(NYSE:GWRE) to Underperform in a report released 9/16/2016.
Recent Performance Graph:
In addition to Bank of America Corp. reporting it’s price target, a total of 5 firms have reported on the company. The consensus target price is $70.00 with two firms rating the stock a strong buy, four firms rating the company a buy, one analyst rating the stock a hold, 0 rating the stock to underperform, and finally 0 brokerages rating the company as sell.
Guidewire Software Inc has a price-earnings of 301 with a 52 week low of $42.32 and a 52 week high of $64.78. Guidewire Software Inc’s market cap is presently $0.0.
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. Its platform consists of three products: core transaction processing, data management and analytics, and digital engagement. The Company sells its products to a variety of insurance carriers ranging from global insurers to national carriers to regional carriers. Its core transaction processing includes Guidewire InsuranceSuite, Guidewire PolicyCenter, Guidewire ClaimCenter, Guidewire BillingCenter and InsuranceSuite Add-on Modules. InsuranceSuite Add-on Modules includes Guidewire Rating Management, Guidewire Reinsurance Management, Guidewire Client Data Management, Guidewire Standards-Based Templates and Guidewire London Market Messaging. Its data management and analytics includes Guidewire DataHub, Guidewire InfoCenter and Guidewire Live, and and digital engagement includes Guidewire Digital Portals.
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