Benzinga | Sep 24, 2021 01:59PM EDT

What 26 Analyst Ratings Have To Say About Salesforce.com

Within the last quarter, Salesforce.com (NYSE:CRM) has observed the following analyst ratings:

Bullish Somewhat Bullish Indifferent Somewhat Bearish BearishTotal Ratings 4 18 4 0 0Last 30D 2 5 1 0 01M Ago 2 9 3 0 02M Ago 0 3 0 0 03M Ago 0 1 0 0 0

According to 26 analyst offering 12-month price targets in the last 3 months, Salesforce.com has an average price target of $308.77 with a high of $365.00 and a low of $242.00.

Below is a summary of how these 26 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 9.45% over the past month.

How Are Analyst Ratings Determined?

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.