RBC Capital Reiterates Their Hold Rating on Tableau

By Carrie Williams

RBC Capital analyst Ross MacMillan reiterated a Hold rating on Tableau (NYSE: DATA) on November 12 and set a price target of $75. The company’s shares closed yesterday at $71.18.

According to TipRanks.com, MacMillan is a top 25 analyst with an average return of 21.9% and a 79.7% success rate. MacMillan covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Intralinks Holdings, and Verint Systems Inc.

Currently, the analyst consensus on Tableau is Moderate Buy and the average price target is $76.92, representing an 8.1% upside.

In a report issued on October 30, Drexel Hamilton also assigned a Hold rating to the stock.

The company has a one-year high of $82.32 and a one-year low of $41.41. Currently, Tableau has an average volume of 772.7K.

Based on the recent corporate insider activity of 88 insiders, corporate insider sentiment is negative on the stock.

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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.