Salesforce, Inc. with ticker code (CRM) now have 42 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 $390.00 and $231.00 with the average target price sitting at $336.10. Given that the stocks previous close was at $278.57 this would imply there is now a potential upside of 20.7%. Also worth taking note is the 50 day moving average now sits at $286.81 and the 200 moving average now moves to $254.02. The total market capitalization for the company now stands at 264.46B. The current share price for the company is: $272.29 USD
The potential market cap would be $319,078,360,806 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 64.99, revenue per share of $35.79 and a 3.77% 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.
