Salesforce, Inc. – Consensus ‘buy’ rating and 2.4% Upside Potential

Broker Ratings
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Salesforce, Inc. with ticker code (CRM) now have 43 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $381.00 and $157.33 and has a mean target at $281.12. Now with the previous closing price of $274.46 and the analysts are correct then we can expect a percentage increase in value of 2.4%. It’s also worth noting that there is a 50 day moving average of $247.79 and the 200 day MA is $218.83. The market cap for the company is 271.89B. The current stock price for Microsoft Corporation is currently $280.88 USD

The potential market cap would be $278,489,522,512 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 106.39, revenue per share of $34.73 and a 3.68% return on assets.

Salesforce, Inc. 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.

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