Share on StockTwits

Analysts at BMO Capital Markets hoisted their price objective on shares of Tableau Software (NYSE:DATA) from $75.00 to $80.00 in a research report issued to clients and investors on Friday. BMO Capital Markets’ target price suggests a potential upside of 29.16% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Tableau Software in a research note on Friday. They now have a $80.00 price target on the stock, up previously from $75.00. Separately, analysts at JMP Securities reiterated a “market perform” rating on shares of Tableau Software in a research note on Friday. They now have a $78.00 price target on the stock. Finally, analysts at Robert W. Baird reiterated an “outperform” rating on shares of Tableau Software in a research note on Friday. They now have a $85.00 price target on the stock. Five analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $84.81.

Tableau Software (NYSE:DATA) traded down 4.71% during mid-day trading on Friday, hitting $61.94. 3,907,423 shares of the company’s stock traded hands. Tableau Software has a 52-week low of $52.02 and a 52-week high of $102.37. The stock’s 50-day moving average is $65.3 and its 200-day moving average is $71.94. The company has a market cap of $4.210 billion and a price-to-earnings ratio of 773.81.

Tableau Software (NYSE:DATA) last released its earnings data on Thursday, July 31st. The company reported $0.05 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.04) by $0.09. The company had revenue of $90.70 million for the quarter, compared to the consensus estimate of $79.69 million. During the same quarter last year, the company posted $0.01 earnings per share. Tableau Software’s revenue was up 81.8% compared to the same quarter last year. Analysts expect that Tableau Software will post $-0.10 EPS for the current fiscal year.

Tableau Software, Inc is a computer software company. The Company’s products are used by people across all kinds of organizations, including Fortune 500 corporations, small and medium-sized businesses, government agencies, universities, research institutions and non-profits.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.