Wall Street is positive on salesforce.com, inc. (CRM). On average, analysts give salesforce.com, inc. a Strong Buy rating. The average price target is $322.566, which means analysts expect the stock to gain by 21.74% over the next twelve months.
That average ranking earns salesforce.com, inc. an Analyst Rating of 63, which is better than 63% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating CRM a Strong Buy today. Find out what this means to you and get the rest of the rankings on CRM!
Why are Analyst Ratings Important?
Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company’s balance sheet. This information allows investors to make decisions ahead of the curve.
InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.
What’s Happening With salesforce.com, inc. Stock Today?
salesforce.com, inc. (CRM) stock is lower by -0.78% while the S&P 500 is higher by 0.1% as of 1:35 PM on Wednesday, Dec 8. CRM has fallen -$2.08 from the previous closing price of $267.04 on volume of 2,667,175 shares. Over the past year the S&P 500 has gained 26.72% while CRM is higher by 16.28%. CRM earned $1.81 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 146.33.
Click Here to get the full Stock Report for salesforce.com, inc. stock.
