Salesforce.com Inc (CRM) : Zacks Investment Research ranks Salesforce.com Inc (CRM) as 3, which is a Hold recommendation. 26 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 29 research analysts is 1.17, which indicates as a Strong Buy.
Salesforce.com Inc (CRM) : 30 investment research analysts covering Salesforce.com Inc (CRM) have an average price target of $95.5 for the near short term. The highest target price given by the Brokerage Firm to the stock is $110 and the lowest target is $80 for the short term. Analysts expect the variance to be within $6.99 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. Also, Major Brokerage house, Citigroup maintains its ratings on Salesforce.com Inc (NYSE:CRM). In the latest research report, Citigroup lowers the target price from $94 per share to $89 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on September 1, 2016.
Salesforce.com Inc (NYSE:CRM): stock was range-bound between the intraday low of $74.58 and the intraday high of $75.61 after having opened at $75.07 on Wednesdays session. The stock finally closed in the red at $75.07, a loss of -0.54%. The stock remained in the red for the whole trading day. The total traded volume was 5,566,833 shares. The stock failed to cross $75.61 in Wednesdays trading. The stocks closing price on Thursday was $75.42.
salesforce.com, inc. is a provider of enterprise cloud computing solutions that include apps and platform services, as well as professional services. The Company focuses on customer relationship management (CRM). The Company offers six core cloud services that include sales force automation, customer service and support, marketing automation, community management, analytics and a cloud platform for building custom applications. The Company offers consulting, deployment, training, implementation and integration services to its customers to facilitate the adoption of its cloud solutions. The Company delivers its solutions as a service through all the Internet browsers and on mobile devices, on a subscription basis, primarily through its direct sales efforts and indirectly through partners.