CCC Intelligent Solutions Holdings Inc. Common Stock’s (CCC) “Outperform” Rating Reaffirmed at Barrington Research

CCC Intelligent Solutions Holdings Inc. Common Stock (NASDAQ:CCC)‘s stock had its “outperform” rating reiterated by stock analysts at Barrington Research in a research report issued on Friday,Benzinga reports. They currently have a $14.00 target price on the stock. Barrington Research’s target price would indicate a potential upside of 192.28% from the stock’s previous close.

Several other equities analysts also recently commented on CCC. Weiss Ratings initiated coverage on CCC Intelligent Solutions Holdings Inc. Common Stock in a report on Wednesday, April 8th. They set a “sell (d)” rating on the stock. Citigroup downgraded CCC Intelligent Solutions Holdings Inc. Common Stock from a “buy” rating to a “neutral” rating and lowered their price target for the company from $10.00 to $6.00 in a report on Friday, April 10th. Finally, Wall Street Zen downgraded CCC Intelligent Solutions Holdings Inc. Common Stock from a “buy” rating to a “hold” rating in a report on Thursday, April 9th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $10.00.

CCC Intelligent Solutions Holdings Inc. Common Stock Trading Down 11.3%

Shares of CCC stock opened at $4.79 on Friday. CCC Intelligent Solutions Holdings Inc. Common Stock has a 12 month low of $4.72 and a 12 month high of $10.50. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.43 and a current ratio of 1.43. The company has a market cap of $2.81 billion, a price-to-earnings ratio of 45.00, a P/E/G ratio of 1.75 and a beta of 0.71.

Institutional Investors Weigh In On CCC Intelligent Solutions Holdings Inc. Common Stock

A number of institutional investors have recently added to or reduced their stakes in CCC. Evolve Private Wealth LLC acquired a new stake in CCC Intelligent Solutions Holdings Inc. Common Stock during the first quarter worth about $116,000. SG Americas Securities LLC acquired a new stake in CCC Intelligent Solutions Holdings Inc. Common Stock during the first quarter worth about $3,254,000. Krilogy Financial LLC acquired a new stake in CCC Intelligent Solutions Holdings Inc. Common Stock during the first quarter worth about $215,000. OP Asset Management Ltd acquired a new stake in shares of CCC Intelligent Solutions Holdings Inc. Common Stock during the 1st quarter valued at about $816,000. Finally, Wasatch Advisors LP boosted its position in shares of CCC Intelligent Solutions Holdings Inc. Common Stock by 23.9% during the 1st quarter. Wasatch Advisors LP now owns 28,231,760 shares of the company’s stock valued at $169,391,000 after acquiring an additional 5,440,768 shares in the last quarter. 95.79% of the stock is owned by institutional investors and hedge funds.

CCC Intelligent Solutions Holdings Inc. Common Stock Company Profile

CCC Intelligent Solutions Holdings Inc is a provider of cloud, mobile, AI, telematics, hyperscale technologies, and applications for the property and casualty insurance economy. The company’s SaaS platform connects trading partners, facilitates commerce, and supports mission-critical, AI-enabled digital workflows. It operates in a single segment being Domestic segment, which provides SAAS platform for the P&C insurance economy and derives revenues from providing customers with software subscriptions to the platform in addition to providing professional services and non-software services.