Salesforce.com Inc (CRM) - Deutsche Bank Maintains Rating And Raises Price Target
- Author: Eleanor Harrison Aug 24, 2017,
Aug 24, 2017, 1:42
The Karp Capital Management Corp holds 10,030 shares with $687,000 value, down from 14,815 last quarter. Under Armour Inc now has $7.22B valuation. State Board Of Administration Of Florida Retirement Systems invested in 951,338 shares or 0.2% of the stock.
Salesforce.com, inc. (NYSE:CRM) closed August 21 at $91.76, down -0.79% or $0.73 from its record high price of $92.49. It has underperformed by 8.92% the S&P500. Roos now owns $1,387,694 of the stock according to the SEC filing. They now have a Dollars 112 price target on the stock. In the last earnings report the EPS was $0.19 and is expected to be $1.30 for the current year with 712,200,000 shares presently outstanding.
About 3,840 shares traded. (CRM) in trading session dated August 22, 2017.
Since January 1, 0001, it had 1 buying transaction, and 8 sales for $20.11 million activity.
US based company, Salesforce.com, inc. It is negative, as 89 investors sold CRM shares while 255 reduced holdings. $164,660 worth of salesforce.com, inc. Wedbush reissued an "outperform" rating and set a $108.00 price objective on shares of Salesforce.com in a research report on Wednesday. Hhr Asset owns 4.32% invested in salesforce.com, inc. (NYSE:CRM) was sold by Harris Parker on Tuesday, May 16. $45,565 worth of salesforce.com, inc.
Investors sentiment decreased to 0.99 in Q4 2016. Its up 0.19, from 0.81 in 2016Q3. 132 funds opened positions while 236 raised stakes. Boothbay Fund Ltd Liability reported 9,659 shares or 0.22% of all its holdings. (NYSE:CRM) shares were bought by Wojcicki Susan. Dnb Asset Mgmt As reported 496,778 shares. $898,006 worth of salesforce.com, inc.
Beat earnings estimates. The company posted earnings of 33 cents per share, beating the Zacks Consensus Estimate of 31 cents. Retirement Of Alabama stated it has 441,409 shares. Northland Securities set a $105.00 target price on shares of Salesforce.com and gave the stock a "buy" rating in a research report on Saturday, June 24th. Tctc Llc invested in 0.05% or 11,665 shares. Salesforce.com also saw some unusual options trading activity on Tuesday. (NYSE:CRM) or 191 shares. Miles Capital holds 0.15% or 3,551 shares. Commerzbank Aktiengesellschaft Fi reported 0.17% of its portfolio in salesforce.com, inc. (NYSE:CRM). Alyeska Investment Gp Lp invested in 1.43% or 2.32M shares. We invested for the future and in the success over the long term of the company. Therefore 88% are positive. (NYSE:CRM) earned "Buy" rating by Canaccord Genuity on Thursday, May 19. On Thursday, May 19 the stock rating was maintained by Piper Jaffray with "Overweight". As per Thursday, November 19, the company rating was maintained by Northland Capital. (NYSE:CRM) to report earnings on August, 30. Salesforce.com has an average rating of "Buy" and an average price target of $97.98. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.19 average brokerage recommendation.
Analysts await salesforce.com, inc.
Check back later for our full analysis on CRM's latest report!
For the current quarter ending in November, Salesforce.com expects its per-share earnings to range from 36 cents to 37 cents. CRM's profit will be $64.10M for 254.89 P/E if the $0.09 EPS becomes a reality. For the past month, Salesforce.com, inc.'s stock has been 3.66%, 5.04% for the last quarter, 13.24% for the past six months and 20.32% for the past 52 weeks. As of the end of the quarter Winton Group Ltd had acquired a total of 112,804 shares growing its position 123.5%. This forecast is a point estimate that provides investors with a benchmark against which to directly compare stock price in the short run.Target prices made by analysts employed by large brokers, who have access to a greater resource pool, are more likely to be met over the 12-month forecast period.
BTIG reiterated a Buy rating with a $100 price target. The firm has "Buy" rating by Citigroup given on Thursday, May 19. The firm has "Hold" rating by Sandler O'Neill given on Thursday, October 6. (NYSE:CRM) on Friday, June 23 with "Buy" rating.
In order to put CRM's recent price performance into context, we need to get a sense of how the stock moves in relation to the overall market. The rating was maintained by Cowen & Co on Thursday, July 13 with "Hold".