New Relic, Inc. – Consensus ‘buy’ rating and -3.5% Downside Potential

Broker Ratings

New Relic, Inc. which can be found using ticker (NEWR) now have 12 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between 100 and 65 and has a mean target at $82.00. Given that the stocks previous close was at $84.95 this indicates there is a potential downside of -3.5%. The 50 day moving average now sits at $72.94 and the 200 moving average now moves to $63.97. The total market capitalization for the company now stands at 5.85B. The current share price for the company is: 84.87 USD

The potential market cap would be $5,643,128,005 based on the market consensus.

USD

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of -, revenue per share of 13.29 and a -8.34% return on assets.

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