Do Analysts Expect salesforce.com, inc. (CRM) Stock to Rise After It Is Lower By -12.58% in a Month?

Wall Street is positive on salesforce.com, inc. (CRM). On average, analysts give salesforce.com, inc. a Strong Buy rating. The average price target is $320.9, which means analysts expect the stock to climb by 45.20% over the next twelve months. That average ranking earns salesforce.com, inc. an Analyst Rating of 63, which is better than 63% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating CRM a Strong Buy today. Find out what this means to you and get the rest of the rankings on CRM!

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Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With salesforce.com, inc. Stock Today?

salesforce.com, inc. (CRM) stock is trading at $221.01 as of 2:44 PM on Friday, Jan 21, a drop of -$1.93, or -0.87% from the previous closing price of $222.94. Volume today is 5,897,218 compared to average volume of 6,039,280. The stock has traded between $218.25 and $224.77 so far today. Click Here to get the full Stock Report for salesforce.com, inc. stock.