8 analysts have this to say about Atlassian Corporation

Atlassian Company CREW observed the following analyst notes during the last quarter:

Bullish Rather bullish Indifferent a bit bearish Bearish
Total ratings 2 5 1 0 0
last 30 days 0 1 0 0 0
1M ago 1 1 0 0 0
2 months ago 1 1 1 0 0
3 months ago 0 2 0 0 0

These 8 analysts have an average price target of $334.88 against Atlassian Corporation’s current price of $198.8, which implies an upside.

Below is a summary of how these 8 analysts have rated Atlassian Corporation over the past 3 months. The higher the number of bullish ratings, the more analysts are positive on the security and the higher the number of bearish ratings, the more analysts are negative on the security

This current average represents a decline of 16.67% from the previous average price target of $401.88.

Analysts are specialists in banking and financial systems who generally report on specific stocks or in defined sectors. These people research companies’ financial statements, participate in conference calls and meetings, and speak with relevant insiders to determine what are called analyst ratings for stocks. Typically, analysts rate each stock once a quarter.

Some analysts publish their forecasts for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and industry analysts are also human and only offer their opinions to investors.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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