Wall Street is optimistic about ServiceNow Inc (NOW). On average, analysts give the stock a Strong Buy rating. The average target price is $661.541, which means that analysts expect the stock to rise 2.56% in the next 12 months.This average ranking gives the stock a 64-point analyst rating, which is higher than the 64% of stocks based on compiled data Investor Observer.
Why is analyst rating important?
Basic research on the basic health of the company can be a very useful resource when making investment decisions. Analysts observe the company’s growth prospects and forecast earnings to get a comprehensive understanding of specific industries. This data allows traders to react before the figures are officially reported.
Investor Observer Get the ratings of these analysts and sort these averages in percentiles. This allows you to compare stocks in a broader and more detailed manner than the ordinary buy/hold/sell rating.
What happened to ServiceNow Inc stock today?
As of 1:08 pm on Thursday, October 7, ServiceNow Inc (NOW) stock price was $645.00, an increase of $15.64 or 2.49% from the previous closing price of $629.36. So far today, the stock’s trading price is between $635.43 and $648.36. Today’s trading volume is not as active as usual. So far, 427,362 shares have been traded, while the average trading volume is 1,017,461 shares. Click here for the full stock report of ServiceNow Inc stock.
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