Solera Holdings Inc. (SLH) Soared To A 5-Month High After Merger Agreement

Solera Holdings Inc. (SLH) Soared To A 5-Month High After Merger Agreement photo Solera Holdings Inc. (SLH) Soared To A 5-Month High After Merger Agreement

Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company’s stock. Barclays reaffirmed a “hold” rating on shares of Solera Holdings in a research report on Tuesday, July 21st. The daily volume was measured at 1,634,002 shares.



Solera Holdings gapped open sharply higher Monday, but moved in a narrow range throughout the session.

Raymond James has an Outperform rating but lowered its price target to $50 from $55. The higher price target estimate is at $55 and the lower price target estimate is expected at $43 according to 6 Analyst.

Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Solera Holdings, Inc.

Shares of Banco Bradesco SA (ADR) (NYSE:BBD) were up 5.72% versus prior close, having declined -54.38% this year. Solera Holdings has a one year low of $36.14 and a one year high of $59.79. The stock’s market cap is $3.60 billion. The 52-week low of the share price is at $36.14. Over the last 30 and 90 trading days the company share price has increased 17.35 points and increased 6.78 points respectively.

Solera Holdings Inc.is up 14.57% in the last 3-month period.

Solera Holdings Inc NYSE:SLH has a 50 day moving average of 44.52 United States dollars and a 200 Day Moving Average share price is recorded at 49.42 USD. The Insider selling transaction had a total value worth of $1,060,500.

Solera shareholders have the option to file a class action lawsuit to ensure the board of directors obtains the best possible price for shareholders and the disclosure of material information.

Compared to other peers in the Application Software sector, Solera hasn’t performed in terms of quarterly revenue growth year over year at 0.11 vs. the industry average of 0.25. 2,738,522 shares of the company’s stock were exchanged. During last 3 month period, -1.88% of total institutional ownership has changed in the company shares.

A recent analyst activity consisted of Piper Jaffray downgrading their Overweight rating to Neutral on July 20. Finally, William Blair restated an outperform rating on shares of Solera Holdings in a research report on Thursday, August 20th. The brokerage presently has an “equal weight” rating on the stock.

Solera Holdings, Inc.is a provider of software and services. It not only recognizes our innovative company and talented employees, but also provides us with the optimal flexibility to proliferate our world-class solutions and services for our customers. These core extensions include products and services for used vehicle validation, electronic titling, property claims management, fraud detection, salvage yard management, disposition of salvage vehicles, subrogation, and data and analytics used by insurers in the re-underwriting of their insured drivers. With the portfolio of products the Company has built and acquired, combined with the vision of its leadership, we believe Solera is incredibly well positioned for the next fifty years.

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