Salesforce with ticker code (CRM) have now 42 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between 340 and 157.33 and has a mean target at $253.09. Now with the previous closing price of $221.46 this would imply there is now a potential upside of 14.3%. Also worth taking note is the 50 day moving average now sits at $216.18 and the 200 moving average now moves to $185.71. The total market capitalization for the company now stands at 215.55B. The stock price is currently at: 221.53 USD
The potential market cap would be $246,334,408,297 based on the market consensus.
The company has a dividend yield of 5.95%. Other points of data to note are a P/E ratio of 138.46, revenue per share of 33.63 and a 2.88% return on assets.
Salesforce is a provider of customer relationship management (CRM) technology. The Company’s Customer 360 platform spans sales, service, marketing, commerce, collaboration, integration, artificial intelligence, analytics, automation, and others. It connects customer data across systems, applications and devices to create a complete view of customers. The Company also enables third parties to use its platform and developer tools to create additional functionality and applications that run on its platform. Its customers use its sales offering to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and relationship intelligence and deliver quotes, contracts and invoices. Its service offering helps to connect its service agents with customers across any touchpoint. It helps customers to resolve routine issues with predictions and recommendations. It sells to businesses worldwide, primarily on a subscription basis.
