Service Today NOW observed the following analyst ratings during the last quarter:
|Bullish||A bit bullish||does not care||A bit bearish||Bearish|
According to 27 analysts offering 12-month price targets for the last 3 months, ServiceNow has an average price target of $547.96 with a high of $650.00 and a low of $495.00.
Below is a summary of how these 27 analysts have rated ServiceNow 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 more negative analysts are on the stock.
This current average is down 8.35% from the previous average price target of $597.88.
Analysts work in banking and financial systems and usually specialize in reporting for stocks or specified sectors. Analysts may attend company conference calls and meetings, research company financial statements, and contact insiders to publish “analyst ratings” for stocks. Analysts typically rate each stock once per quarter.
Some analysts also offer forecasts for useful metrics such as earnings, profits, and growth estimates to provide additional guidance on what to do with certain tickers. It is important to remember that while stock and sector analysts are specialists, they are also human and can only second guess their beliefs to traders.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.