ServiceNow, Inc. – Consensus ‘buy’ rating and 20.9% Upside Potential

Broker Ratings
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ServiceNow, Inc. with ticker code (NOW) have now 34 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between 704 and 450 with the average target price sitting at $640.91. Given that the stocks previous close was at $530.17 this indicates there is a potential upside of 20.9%. Also worth taking note is the 50 day moving average now sits at $564.62 and the 200 moving average now moves to $510.75. The market cap for the company is 112.98B. The current stock price for Microsoft Corporation is currently 550.95 USD

The potential market cap would be $136,572,884,811 based on the market consensus.

The company has a dividend yield of 2.88%. Other points of data to note are a P/E ratio of 71.46, revenue per share of 41.6 and a 3.08% return on assets.

ServiceNow, Inc. is a digital workflow company. The Company helps global enterprises across industries, universities and governments to digitize their workflows. Its technology platform, Now Platform, enables workflows to connect systems, silos, departments and processes with digital workflows. It categorizes workflow applications into four primary areas, such as technology, customer and industry, employee and creator. Its technology workflows give IT departments the ability to plan, build, operate, and service across the entire technology lifecycle. Its customer and industry workflows help organizations reimagine the customer experience and customer loyalty. Its employee workflows help customers simplify how their employees get the services they need, creating a familiar, to get work done from wherever an employee may be at home, in the workplace or in the field. Its creator workflows enable its customers to create, test, and deploy their own applications on the Now Platform.

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