Anaplan (PLAN) Now Covered by Analysts at Goldman Sachs Group
Goldman Sachs Group started coverage on shares of Anaplan (NYSE:PLAN) in a research report released on Tuesday, Marketbeat.com reports. The firm issued a neutral rating and a $25.00 price objective on the stock.
Other equities analysts have also recently issued research reports about the stock. Needham & Company LLC assumed coverage on shares of Anaplan in a research note on Tuesday. They set a buy rating and a $30.00 price objective for the company. KeyCorp assumed coverage on shares of Anaplan in a research note on Tuesday. They set a sector weight rating for the company. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of Buy and an average target price of $27.33.
Shares of PLAN traded down $1.53 during trading hours on Tuesday, hitting $24.22. The company’s stock had a trading volume of 354,048 shares, compared to its average volume of 1,415,840. Anaplan has a 52-week low of $20.37 and a 52-week high of $27.30.
Anaplan, Inc provides a cloud-based connected planning platform Its platform unites traditionally distinct or disconnected database structures, including relational, columnar, and online analytical processing with in-memory data storage and calculation that is used in various lines of business, such as finance, sales, supply chain, marketing, human resources, and operations.
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