monday.com Ltd. (NASDAQ:MNDY – Get Free Report) has received a consensus rating of “Moderate Buy” from the twenty-one ratings firms that are currently covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $285.79.
Several equities analysts have recently commented on MNDY shares. Needham & Company LLC increased their price target on shares of monday.com from $250.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday, August 12th. JPMorgan Chase & Co. lifted their target price on monday.com from $270.00 to $300.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 13th. Loop Capital upped their price target on monday.com from $245.00 to $285.00 and gave the company a “buy” rating in a research report on Tuesday, August 13th. William Blair reaffirmed an “outperform” rating on shares of monday.com in a report on Monday, June 24th. Finally, Wells Fargo & Company increased their target price on shares of monday.com from $260.00 to $275.00 and gave the stock an “overweight” rating in a report on Thursday, May 16th.
Hedge Funds Weigh In On monday.com
monday.com Price Performance
NASDAQ MNDY opened at $265.89 on Thursday. The company’s fifty day moving average price is $239.93 and its two-hundred day moving average price is $223.23. The company has a market capitalization of $12.84 billion, a price-to-earnings ratio of 699.71, a price-to-earnings-growth ratio of 43.41 and a beta of 1.30. monday.com has a 12 month low of $122.13 and a 12 month high of $272.77.
About monday.com
monday.com Ltd., together with its subsidiaries, develops software applications in the United States, Europe, the Middle East, Africa, the United Kingdom, and internationally. The company provides Work OS, a cloud-based visual work operating system that consists of modular building blocks used and assembled to create software applications and work management tools.
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