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Stifel announced Veeva Systems (NYSE:VEEV), bumping up its stock price target to $45.00 today

In a report released on Friday September 30, 2016 Stifel bumped up the target of Veeva Systems (NYSE:VEEV) from $43.00 to $45.00 stating a potential upside of 0.09%.

Boasting a price of $41.41, Veeva Systems (NYSE:VEEV) traded 0.00% even on the day. With the last close up 24.14% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. VEEV has recorded a 50-day average of $40.19 and a two hundred day average of $33.36. Volume of trade was down over the average, with 0 shares of VEEV changing hands under the typical 1,320,530

Performance Chart

Veeva Systems (NYSE:VEEV)

Veeva Systems has 52 week low of $19.97 and a 52 week high of $42.58 with a PE ratio of 111.92 and has a market capitalization of $0.

In addition to Stifel reporting its stock price target, a total of 10 firms have reported on the stock. The consensus target price is $31.40 with 3 firms rating the stock a strong buy, 5 firms rating the stock a buy, 4 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Veeva Systems (NYSE:VEEV)

Veeva Systems Inc. (Veeva) is a provider of cloud-based software solutions for the global life sciences industry. The Company offers solutions for a range of requirements within life sciences companies, including multichannel customer relationship management, regulated content and information management, master data management and customer data. The Company offers solutions to areas, including the Veeva CRM family of applications for multichannel customer relationship management to enable coordinated and personalized customer engagement through multiple touch points; Veeva Vault for regulated content management and information management solutions to enable the management of content-centric processes; the Veeva Network master data management solutions for the management of customer master and product master data, and Veeva's data and data services offerings, including Veeva OpenData for customer reference data and Veeva KOL Data for data.

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