ServiceNow – Consensus indicates potential 5.5% up

service now There are now 32 analysts covering the stock with the ticker code (now). Analyst consensus points to a ‘Buy’ rating. The target price is between 805 and 466.8 with an average TP of 674.34. Considering that the stock’s previous close was at 639.41, it is indicating that it has a potential increase of 5.5%. The 50 day moving average is 642.37 and the 200 day moving average is 559.79. The company has a market cap of $129,365m. You can visit the company’s website: http://www.servicenow.com

ServiceNow provides enterprise cloud computing solutions that define, structure, integrate, manage and automate services for enterprises around the world. It operates the Now platform for workflow automation, artificial intelligence, machine learning, performance analytics, electronic service catalogs and portals, configuration management systems, data benchmarking, encryption, and collaboration and development tools. The company also provides information technology (IT) service management applications; IT service management product suite for enterprise employees, customers and partners; IT Business Management Product Suite; IT operations management product that links a customer’s physical and cloud-based IT infrastructure; IT asset management to automate the IT asset lifecycle; and Enterprise Development Operations Products for Developers Toolchain. In addition, it provides security incident management, threat enhancement intelligence, vulnerability response management, and security incident intelligence sharing security operations products; Governance, risk and compliance products to create policies and controls; human resources, legal, and workplace service delivery products; safe workplace applications; customer service management products; and field service management applications. In addition, it provides App Engine products; IntegrationHub enables applications to extend workflows; and professional, training, and customer support services. It serves government, financial services, healthcare, telecommunications, manufacturing, IT services, technology, oil and gas, education and consumer products through a direct sales team and resale partners. It has a strategic partnership with Celonis to help customers identify and prioritize appropriate processes for automation. The company was formerly known as Service-now.com and changed its name to ServiceNow in May 2012. The company was incorporated in 2004 and is headquartered in Santa Clara, California.