Tableau Software (DATA) : The consensus on Tableau Software (DATA) based on 21 analyst recommendation on the company stock is 1.88, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 13 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
Tableau Software (DATA) : Currently there are 17 street experts covering Tableau Software (DATA) stock. The most bullish and bearish price target for the stock is $119 and $40 respectively for the short term. The average price target of all the analysts comes to $70. The estimated standard deviation from the target is $21.86.
Tableau Software (NYSE:DATA): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $48.75 and $48.25 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $49.78. The buying momentum continued till the end and the stock did not give up its gains. It closed at $49.32, notching a gain of 0.43% for the day. The total traded volume was 636,940 . The stock had closed at $49.11 on the previous day.
Also, Cowen & Company initiates coverage on Tableau Software (NYSE:DATA) The current rating of the shares is Market Perform. The rating by the firm was issued on June 24, 2016. The company shares have dropped -57.76% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $131.34 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $51.96 and the 200 Day Moving Average price is recorded at $56.27.
Tableau Software, Inc. (Tableau) is a provider of analytics and business intelligence software solutions. The Companys products are Tableau Desktop, a self-service analytics product, Tableau Server, a business intelligence platform for organizations, Tableau Online, a cloud-based version of Tableau Server, and Tableau Public, a free cloud-based platform for analyzing and sharing public data. The Companys products are used by people across a range of organizations, including Fortune 500 corporations, small and medium-sized businesses, government agencies, universities, research institutions and non-profits. The Companys technologies include visual query language (VizQL), a visual query language that translates drag-and-drop actions into data queries and then expresses the information visually, and Hybrid Data Architecture, which combines the Companys Live Query and In-Memory Data Engines technologies. The Company markets its products under the Tableau brand.