A statement released earlier today by Jefferies & Co about Workday Inc (NYSE:WDAY) bumps the target price to $79.00
- Updated: September 28, 2016
Just yesterday Workday Inc (NYSE:WDAY) traded 1.66% higher at $90.51. The company’s 50-day moving average is $85.70 and its 200-day moving average is $78.87. The last stock close price is up 13.85% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same period. Volume of trade was down over the average, with 1,097,181 shares of WDAY changing hands under the typical 1,554,390
Jefferies & Co upped the price target of Workday Inc (NYSE:WDAY) to $79.00 indicating a possible downside of -0.13%.
Previously on 09/16/2016, Deutsche Bank reported on Workday Inc (NYSE:WDAY) increased the target price from $75.00 to $85.00. At the time, this indicated a possible downside of -0.04%.
With a total market value of $0, Workday Inc has with a one year low of $47.32 and a one year high of $90.88 .
A total of 34 analysts have released a report on Workday Inc. Ten analysts rating the company a strong buy, nine analysts rating the company a buy, fifteen analysts rating the company a hold, one analyst rating the company a underperform, and finally one analyst rating the company a sell with a 12-month price target of $78.94.
More About Workday Inc (NYSE:WDAY)
Workday, Inc. is a provider of enterprise cloud applications for finance and human resources. The Company delivers financial management, human capital management and analytics applications designed for various companies, educational institutions and government agencies. It operates in the cloud applications segment. As part of its applications, the Company provides embedded analytics that capture the content and context of everyday business events, facilitating informed decision-making from wherever users are working. Its applications include Workday Financial Management, Workday Human Capital Management (HCM) and Workday Insight Applications. It also provides open, standards-based Web-services application programming interfaces, and pre-built packaged integrations and connectors. Workday Financial Management provides the finance functions of general ledger, global accounting, accounts payable, accounts receivable and cash management and asset management, among others.
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