BMO Capital Sticks to Their Hold Rating for Tableau

By Ryan Adsit

In a report issued on October 11, Keith Bachman from BMO Capital reiterated a Hold rating on Tableau (NYSE: DATA), with a price target of $70. The company’s shares closed yesterday at $77.22, close to its 52-week high of $78.14.

According to TipRanks.com, Bachman is a 5-star analyst with an average return of 13.6% and a 68.3% success rate. Bachman covers the Technology sector, focusing on stocks such as DXC Technology Company, Computer Sciences, and Infosys Limited.

Currently, the analyst consensus on Tableau is Moderate Buy and the average price target is $70.25, representing a -9.0% downside.

In a report issued on October 6, Robert W. Baird also reiterated a Hold rating on the stock with a $68 price target.

The company has a one-year high of $78.14 and a one-year low of $41.41. Currently, Tableau has an average volume of 717.9K.

Based on the recent corporate insider activity of 83 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Tableau Software, Inc. engages in the provision of a software product which allows a broad population of business users to engage with data, ask questions, solve problems, and create value. Its product portfolio is comprised of tableau desktop, tableau server and tableau online.