What Are Analysts Opinions On salesforce.com, inc. (CRM)

Lloyd Doyle
November 14, 2017

Royal Bank Of Canada restated their buy rating on shares of Salesforce.com Inc (NYSE:CRM) in a research report sent to investors on Thursday. Therefore 88% are positive.

Currently, the analyst consensus on Salesforce.com is Strong Buy and the average price target is $113.24, representing a 7.6% upside. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and forty-six have assigned a buy rating to the company. As of now, the target price for the company is measuring at $113.98. The rating was maintained by Brean Capital with "Buy" on Thursday, May 19. NEXT Financial Group Inc increased its stake in shares of Salesforce.com by 2.3% in the third quarter. (NYSE:CRM) on Wednesday, August 23 with "Hold" rating. The firm owned 1,085,077 shares of the CRM provider's stock after acquiring an additional 18,452 shares during the quarter. Stephens reissued an "overweight" rating and issued a $107.00 target price (up previously from $100.00) on shares of Salesforce.com in a report on Thursday, August 31st. On Thursday, August 3 the stock rating was maintained by BMO Capital Markets with "Hold". (NYSE:CRM) rating on Wednesday, August 23. 4,585,194 shares of the company's stock were exchanged, compared to its average volume of 4,364,057. (NYSE:CRM) has risen 7.78% since November 13, 2016 and is uptrending. It has underperformed by 2.08% the S&P500.

Since May 15, 2017, it had 1 insider buy, and 65 sales for $85.55 million activity. Shares for $905,015 were sold by Benioff Marc. The stock of salesforce.com, inc. On Thursday, May 25 the insider Weaver Amy E sold $36,339. Shares for $25,062 were sold by Martinez Maria on Friday, May 26. Its down 0.28, from 1.36 in 2017Q1. Inc. increased its holdings in shares of Salesforce.com by 0.6% in the second quarter. Its down 8.66% from 6.83 million shares previously.

About 2.36M shares traded. salesforce.com, inc. Ranger Inv Ltd Partnership accumulated 0% or 124 shares. $284,980 worth of J2 Global Inc (NASDAQ:JCOM) shares were sold by Dunn Steve P. $43,436 worth of salesforce.com, inc. Employees Retirement Systems Of Ohio has 0.22% invested in salesforce.com, inc. (NYSE:CRM). Natl Bank Of The West holds 0.75% or 67,306 shares in its portfolio. Citizens Northern Corp stated it has 1.02% in salesforce.com, inc. (NYSE:CRM). Exane Derivatives owns 0% invested in salesforce.com, inc. (NYSE:CRM) was sold by Dayon Alexandre. Pension Service holds 0.27% or 523,115 shares in its portfolio. The company has market cap of $76.05 billion. The Company focuses on cloud, mobile, social, Internet of Things (IoT) and artificial intelligence technologies. It now has negative earnings. The Company's service offerings are configured and integrated with other platforms and enterprise applications.

Analysts await J2 Global Inc (NASDAQ:JCOM) to report earnings on February, 8.

(NYSE:CRM) last released its quarterly earnings results on Tuesday, August 22nd. The share price was last seen 0.84% higher, reaching at $136.48 on November 10, 2017. JCOM's profit will be $81.69M for 11.02 P/E if the $1.69 EPS becomes a reality. M&R Capital Management Inc. acquired a new stake in shares of Salesforce.com during the second quarter worth about $119,000. After $0.09 actual EPS reported by salesforce.com, inc. for the previous quarter, Wall Street now forecasts 55.56% EPS growth. Short shares increased 1,082,990 over that timeframe. Another trade for 1,336 shares valued at $115,163 was made by KRETZMER W BRIAN on Tuesday, June 6. Newmont Mining Corp (NEM) has declined 1.49% since November 13, 2016 and is downtrending. It has underperformed by 16.70% the S&P500. Magnetar Financial Ltd Llc holds 23,160 shares. Criterion Capital Management Llc, a California-based fund reported 1.60 million shares. Van Eck Associates Corp, a New York-based fund reported 28.97 million shares. Salesforce.com had 176 analyst reports since August 21, 2015 according to SRatingsIntel. Investors might also notice that three month ago the Buy recommendations (38) outnumbered Sell recommendations (0). These analysts have also projected a Low Estimate of $0.36/share and a High Estimate of $0.39/share. The stock's average target of $42 is 18.24% above today's ($35.52) share price. (NYSE:CRM) rating on Thursday, November 19.

On Thursday, October 5th, Keith Block sold 10,000 shares of Salesforce.com stock. The company was upgraded on Tuesday, November 22 by Bank of America. Robert W. Baird has "Outperform" rating and $83 target.

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