Barclays (LON:BARC) analyst Manav Patnaik maintained a Hold rating on Factset Research (NYSE:FDS) on Sunday, setting a price target of $315, which is approximately 0.63% below the present share price of $317.
Patnaik expects Factset Research to post earnings per share (EPS) of $2.34 for the second quarter of 2020.
The current consensus among 6 TipRanks analysts is for a Moderate Sell rating of shares in Factset Research, with an average price target of $263.5.
The analysts price targets range from a high of $315 to a low of $220.
In its latest earnings report, released on 02/29/2020, the company reported a quarterly revenue of $369.78 million and a net profit of $106.26 million. The company's market cap is $12.01 billion.
According to TipRanks.com, Barclays analyst Manav Patnaik is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 15.0% and a 73.63% success rate.
FactSet Research Systems, Inc. provides integrated financial information, analytical applications and industry services for the investment and corporate communities. The company operates its business through the following segments: Research, Analytics & Trading, Wealth, and Content & Technology Solutions. The Research Solutions segment focuses on company analysis, idea generation, and research management. The tools within Research provide solutions to analyze public and private companies, generate ideas and discover opportunities with its proprietary data. It also allows users to monitor the global markets, to gain industry and market insights, and to collaborate on and share information across teams. The Analytics & Trading Solutions Analytics segment addresses processes around portfolio analytics, risk management and performance measurement and attribution. It also focuses on client reporting, portfolio construction, trade execution and order management. The Wealth Solutions segment is specific to the wealth management industry and creates offerings that enable wealth professionals across an entire enterprise, including home office, advisory, and client engagement. The Content & Technology Solutions segment focuses on delivering value to its clients in the way they want to consume it. Its goal is to reduce the number of customizations by standardizing and bundling its proprietary data into data feeds. FactSet Research Systems was founded by Howard E. Wille and Charles J. Snyder in September 1978 and is headquartered in Norwalk, CT.