SQS Software Quality Systems AG’s Buy Rating Reiterated at Westhouse Securities (SQS)

Westhouse Securities restated their buy rating on shares of SQS Software Quality Systems AG (LON:SQS) in a report released on Wednesday. Westhouse Securities currently has a GBX 660 ($10.15) price objective on the stock.

Shares of SQS Software Quality Systems AG opened at 566.00 on Wednesday. SQS Software Quality Systems AG has a 52 week low of GBX 500.00 and a 52 week high of GBX 620.00. The stock has a 50-day moving average of GBX 568.8 and a 200-day moving average of GBX 570.1.

SQS has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a buy rating and set a GBX 690 ($10.61) price target on shares of SQS Software Quality Systems AG in a research note on Thursday, January 29th. Separately, analysts at Panmure Gordon raised their price target on shares of SQS Software Quality Systems AG from GBX 527 ($8.11) to GBX 590 ($9.07) and gave the company a hold rating in a research note on Thursday, January 15th.

SQS Software Quality Systems AG is a provider of software testing and quality management services. SQS offers services designed to support the quality of software and Information Technology (IT) systems from initial project definition through the development stage and up to final implementation and, thereafter, in relation to ongoing maintenance.

 

Source: dakotafinancialnews.com

The Latest Software Testing News department was not involved in the creation of this content.

2015: IT companies to remain on strong growth path

NEW DELHI: Improving economic scenario in the US, enhanced IT spending by banks and large deals are expected to help Indian IT services firms post strong growth, similar to the pace seen last year, analysts said.

Besides, new business models, emergence of disruptive technologies, new buyer segments in the emerging markets and good governance will help India retain its position in the global IT/ITeS market.

“Ongoing trends in technology upgrades for infrastructure (as well as applications) such as data centre modernisation and virtualisation and emerging areas such as artificial intelligence, automation, IoT, collaboration and design technology will drive the market in future,” PwC India technology leader Sandeep Ladda told PTI.

The new government and its technology-centric initiatives in different areas such as infrastructure development, revised National e-Governance Plan (NeGP), Digital India campaign and development of Smart Cities has boosted the prospects of the IT/ITeS players in 2014, he added.

For IT/ITeS, disruption drove digital transformation and focus was enhanced on SMAC technologies, Ladda said.

“In the coming year, newer business models, the emergence of more disruptive technologies, new buyer segments in the emerging markets and good governance will help India retain its position in the global IT/ITeS market,” he added.

BPO services provider, Aegis’s Global CEO Sandip Sen said growth of multichannel and SMAC led BPO services — social media, mobility, analytics, cloud enabled services — continue to weigh on the industry as a whole.

“Traditional BPM companies has driven tremendous efficiencies and cost reductions, the 2015 trend would be on prioritising and aligning them in the age of digitalisation,” he added.

The 2014-15 fiscal witnessed immense consolidation as revenue and margin pressures continue to drive service providers to expand and grow inorganically to achieve greater geographical presence, penetrate new verticals and better economies of scale, Sen said.

Growing demand from emerging markets and an integrated service delivery models would lead to more alliances, partnerships, JVs and M&A, he added.

“At Aegis, during the last one year, we too focused on consolidating our competitive advantages. Aegis’ expansion into Malaysia is aimed towards setting newer delivery hubs in the emerging markets, with the increasing levels of domain/language capabilities and use of multi-channel services,” Sen said.

According to a technology report by Kotak Institutional Equities, demand strengthened in select areas and weakened in some in 2014, and 2015 is expected to show similar trends.

Source: PTI

The Latest Software Testing News department was not involved in the creation of this content.

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