salesforce.com, inc. (NYSE:CRM) target price raised to $80.00, issued a report today by Vetr Inc.
- Updated: December 1, 2016
Boasting a price of $68.46, salesforce.com, inc. (NYSE:CRM) traded -4.92% lower on the day. With the last stock price close down -11.57% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. salesforce.com, inc. has recorded a 50-day average of $74.13 and a two hundred day average of $77.42. Volume of trade was up over the average, with 10,907,341 shares of CRM changing hands over the typical 8,530,970
salesforce.com, inc. (NYSE:CRM) had its stock price target increased to $80.00 by Vetr Inc. in a report released 12/01/2016. The new target price indicates a potential upside of 0.17% from the company's most recent stock price close.
On 11/18/2016, BMO Capital Markets released a statement for salesforce.com, inc. (NYSE:CRM) bumped up the target price from $86.00 to $90.00 that suggested an upside of 0.20%.
With a total market value of $0, salesforce.com, inc. has price-earnings ratio of 232.07 with a one year low of $52.60 and a one year high of $84.48 .
A total of 43 equity analysts have released a ratings update on CRM. Sixteen equity analysts rating the company a strong buy, twenty-six equity analysts rating the company a buy, two equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of $97.16.
Brief Synopsis About salesforce.com, inc. (NYSE:CRM)
salesforce.com, inc. is a provider of enterprise cloud computing solutions, with a focus on customer relationship management (CRM). The Company's Customer Success Platform, including sales force automation, customer service and support, marketing automation, community management, analytics, application development, Internet of Things (IoT) integration and its professional cloud services, provide the next-generation platform of enterprise applications and services. The Company delivers its solutions as a service through all the Internet browsers and on mobile devices. It sells to businesses of all sizes and in a range of industries across the world on a subscription basis, primarily through its direct sales and also indirectly through partners. Its service offerings include Sales Cloud, Service Cloud, Marketing Cloud, Community Cloud, Analytics Cloud, IoT Cloud and App Cloud. It also offers professional services to facilitate the adoption of its solutions.
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