Tableau Software (NYSE:DATA) : The consensus on Tableau Software (NYSE:DATA) based on 21 analyst recommendation on the company stock is 1.88, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 13 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
Tableau Software (NYSE:DATA) : The highest short term price target forecast on Tableau Software (NYSE:DATA) is $119 and the lowest target price is $40. A total of 17 equity analysts are currently covering the company. The average price of all the analysts is $70 with a standard deviation of $21.86.
For the current week, the company shares have a recommendation consensus of Buy. Also, Cowen & Company initiates coverage on Tableau Software (NYSE:DATA). The current rating of the shares is Market Perform, according to the research report released by the firm. The rating by the firm was issued on June 24, 2016.
Tableau Software (NYSE:DATA): stock turned positive on Tuesday. Though the stock opened at $48.03, the bulls momentum made the stock top out at $48.61 level for the day. The stock recorded a low of $47.49 and closed the trading day at $48.11, in the green by 2.04%. The total traded volume for the day was 1,638,681. The stock had closed at $47.15 in the previous days trading.
In an insider trading activity,The director of Tableau Software Inc, Baskett Forest sold 73,200 shares at $55.15 on June 7, 2016. The Insider selling transaction had a total value worth of $4,036,980. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Tableau Software, Inc. (Tableau) is a provider of analytics and business intelligence software solutions. The Companys products are Tableau Desktop, a self-service analytics product, Tableau Server, a business intelligence platform for organizations, Tableau Online, a cloud-based version of Tableau Server, and Tableau Public, a free cloud-based platform for analyzing and sharing public data. The Companys products are used by people across a range of organizations, including Fortune 500 corporations, small and medium-sized businesses, government agencies, universities, research institutions and non-profits. The Companys technologies include visual query language (VizQL), a visual query language that translates drag-and-drop actions into data queries and then expresses the information visually, and Hybrid Data Architecture, which combines the Companys Live Query and In-Memory Data Engines technologies. The Company markets its products under the Tableau brand.