Analyst Price Target is $261.00
▼ -1.14% Downside Potential
This price target is based on 6 analysts offering 12 month price targets for Aspen Technology in the last 3 months. The average price target is $261.00, with a high forecast of $265.00 and a low forecast of $255.00. The average price target represents a -1.14% upside from the last price of $264.00.
Current Consensus is
Hold
The current consensus among 6 investment analysts is to hold stock in Aspen Technology. This rating changed within the last month from a Moderate Buy consensus rating.
Aspen Technology, Inc. provides industrial software that focuses on helping customers in asset-intensive industries worldwide. The company's solutions address complex environments where it is critical to optimize the asset design, operation, and maintenance lifecycle. Its software is used in performance engineering, modeling and design, supply chain management, predictive and prescriptive maintenance, digital grid management, and industrial data management. The company serves a range of asset-intensive industries, including oil and gas exploration and production; oil and gas processing and distribution; and oil and gas refining and marketing, as well as bulk and specialty chemicals, engineering and construction, power and utilities, metals and mining, and pharmaceuticals. Aspen Technology, Inc. was founded in 1981 and is headquartered in Bedford, Massachusetts. Aspen Technology, Inc. operates as a subsidiary of Emerson Electric Co.
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