Benzinga | Sep 20, 2021 12:10PM EDT

What 18 Analyst Ratings Have To Say About Salesforce.com

Analysts have provided the following ratings for Salesforce.com (NYSE:CRM) within the last quarter:

Bullish Somewhat Bullish Indifferent Somewhat Bearish BearishTotal Ratings 2 13 3 0 0Last 30D 0 1 0 0 01M Ago 2 9 3 0 02M Ago 0 2 0 0 03M Ago 0 1 0 0 0

According to 18 analyst offering 12-month price targets in the last 3 months, Salesforce.com has an average price target of $300.72 with a high of $340.00 and a low of $242.00.

Below is a summary of how these 18 analysts rated Salesforce.com over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the move negative analysts are on the stock

This average price target has increased by 9.52% over the past month.

How Are Analyst Ratings Determined?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.