Salesforce.com (CRM) Stock Bounces Back, Will It Set New Highs?

 

Salesforce.com (CRM) stock has gained 26.65% over the last 12 months, and the average rating from Wall Street analysts is a Strong Buy. Stock Score Report, InvestorsObserver’s proprietary scoring system, gives CRM stock a score of 75 out of a possible 100.

That score is primarily influenced by a short-term technical score of 88. CRM’s score also includes a long-term technical score of 85. The fundamental score for CRM stock is 53. In addition to the average rating from Wall Street analysts, CRM stock has a mean target price of $178.42. This means analysts expect the stock to increase 11.17% over the next 12 months.

What’s Happening with CRM Stock Today

Salesforce.com (CRM) stock is up 1.47% while the S&P 500 has gained 1.02% as of 2:21 PM on Wednesday, Mar 13. CRM stock has gained $2.31 from the previous closing price of $158.19 on volume of 3,651,460 shares. Over the past year the S&P 500 has gained 1.98% while CRM has gained 26.65%. CRM stock earned $1.44 a share in the over the last 12 months, giving it a price-to-earnings ratio of 111.66.

Get more analysis and trade ideas on Salesforce.com (CRM) stock.

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Symbols: CRM

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