UBS Sticks to Its Buy Rating for Factset Research (FDS)

UBS analyst Alex Kramm maintained a Buy rating on Factset Research on October 6. The company’s shares closed yesterday at $276.93.

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Kramm covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Marketaxess Holdings, and Cboe Global Markets. According to TipRanks, Kramm has an average return of 9.6% and a 59.54% success rate on recommended stocks.

Factset Research has an analyst consensus of Hold, with a price target consensus of $343.36, which is a 23.99% upside from current levels. In a report released on September 23, TR | OpenAI – 4o also upgraded the stock to a Buy with a $327.00 price target.

Based on Factset Research’s latest earnings release for the quarter ending August 31, the company reported a quarterly revenue of $596.9 million and a net profit of $153.62 million. In comparison, last year the company earned a revenue of $562.19 million and had a net profit of $89.5 million

Based on the recent corporate insider activity of 66 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FDS in relation to earlier this year. Earlier this month, Barak Eilam, a Director at FDS sold 1.00 shares for a total of $283.21.