Dassault Systemes SA (OTCMKTS:DASTY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Tuesday.

According to Zacks, “Dassault Systemes is a worldwide recognized leader in CAD/CAM/CAE and PDM II markets. The company’s mission to provide solutions to enable customers to build their digital enterprise, by defining, simulating, managing and optimizing concurrently product, manufacturing process, and resources. In this virtual space, customers create innovative, high quality, safe and affordable products. The company delivers scaleable process and design-centric solutions on both Unix and Windows NT environments. “

Separately, Societe Generale upgraded shares of Dassault Systemes SA from a “hold” rating to a “buy” rating in a research note on Wednesday, July 27th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. Dassault Systemes SA has a consensus rating of “Hold” and an average price target of $94.00.

Analyst Recommendations for Dassault Systemes SA (OTCMKTS:DASTY)

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Dassault Systemes SA (OTCMKTS:DASTY) traded up 0.70% during midday trading on Tuesday, hitting $86.67. 6,526 shares of the stock traded hands. The company has a market cap of $22.01 billion, a P/E ratio of 47.21 and a beta of 0.97. Dassault Systemes SA has a one year low of $69.90 and a one year high of $87.00. The company’s 50 day moving average is $84.57 and its 200-day moving average is $79.66.

Several hedge funds have recently modified their holdings of the stock. Parametric Portfolio Associates LLC increased its stake in shares of Dassault Systemes SA by 3.4% in the second quarter. Parametric Portfolio Associates LLC now owns 145,705 shares of the company’s stock valued at $11,066,000 after buying an additional 4,731 shares during the last quarter. Fisher Asset Management LLC increased its stake in shares of Dassault Systemes SA by 1.8% in the first quarter. Fisher Asset Management LLC now owns 97,109 shares of the company’s stock valued at $7,786,000 after buying an additional 1,701 shares during the last quarter. Azimuth Capital Management LLC increased its stake in shares of Dassault Systemes SA by 2.6% in the second quarter. Azimuth Capital Management LLC now owns 62,295 shares of the company’s stock valued at $4,725,000 after buying an additional 1,560 shares during the last quarter. World Asset Management Inc increased its stake in shares of Dassault Systemes SA by 8.4% in the second quarter. World Asset Management Inc now owns 15,888 shares of the company’s stock valued at $1,205,000 after buying an additional 1,226 shares during the last quarter. Finally, Logan Capital Management Inc. increased its stake in shares of Dassault Systemes SA by 17.8% in the first quarter. Logan Capital Management Inc. now owns 7,272 shares of the company’s stock valued at $578,000 after buying an additional 1,100 shares during the last quarter. 0.18% of the stock is currently owned by institutional investors and hedge funds.

About Dassault Systemes SA

Dassault Systemes SA provides end-to-end software, content and services, designed to support companies’ innovation processes. The Company’s software applications and services encompass three principal spheres: Product-Sphere, Geo-Sphere and Bio- Sphere. The Company’s products and services include CATIA, 3D CAD design software; SOLIDWORKS, 3D design software; ENOVIA, collaborative innovation solution; DELMIA, global industrial operations software; SIMULIA, finite element analysis (FEA) FEM and simulation software; GEOVIA, a natural resources 3D modeling and simulation software; EXALEAD, information intelligence, search-based applications and semantic software; 3DVIA, 3D space planning software; BIOVIA, a chemical research and material science research and development software; NETVIBES is dashboard intelligence, data systems software, and 3DEXCITE, 3D visualization software.

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