Several other equities analysts also recently issued reports on TLND. BidaskClub downgraded Talend from a strong-buy rating to a buy rating in a research report on Wednesday, April 4th. Needham & Company LLC assumed coverage on Talend in a research report on Friday, March 23rd. They set a buy rating and a $59.00 price objective for the company. Zacks Investment Research upgraded Talend from a sell rating to a hold rating in a research report on Thursday, January 11th. KeyCorp reiterated a buy rating on shares of Talend in a research report on Tuesday, February 13th. Finally, JPMorgan Chase boosted their target price on Talend from $40.00 to $41.00 and gave the stock an underweight rating in a report on Wednesday, February 14th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus target price of $49.75.
Shares of NASDAQ TLND opened at $49.03 on Tuesday. The company has a debt-to-equity ratio of -0.01, a current ratio of 1.01 and a quick ratio of 1.01. The company has a market cap of $1,373.81, a PE ratio of -49.03 and a beta of 0.21. Talend has a 12-month low of $28.77 and a 12-month high of $52.10.
A number of large investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp raised its holdings in Talend by 14,183.5% during the fourth quarter. Bank of New York Mellon Corp now owns 1,993,976 shares of the technology company’s stock worth $74,735,000 after purchasing an additional 1,980,016 shares in the last quarter. Wells Fargo & Company MN raised its holdings in Talend by 2.5% during the third quarter. Wells Fargo & Company MN now owns 562,190 shares of the technology company’s stock worth $23,016,000 after purchasing an additional 13,620 shares in the last quarter. Crosslink Capital Inc. bought a new stake in Talend during the fourth quarter worth approximately $19,730,000. Peregrine Capital Management LLC raised its holdings in Talend by 2.7% during the fourth quarter. Peregrine Capital Management LLC now owns 451,674 shares of the technology company’s stock worth $16,929,000 after purchasing an additional 11,879 shares in the last quarter. Finally, Deutsche Bank AG raised its holdings in Talend by 47.0% during the fourth quarter. Deutsche Bank AG now owns 296,800 shares of the technology company’s stock worth $11,124,000 after purchasing an additional 94,900 shares in the last quarter. 59.57% of the stock is currently owned by hedge funds and other institutional investors.
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Talend Company Profile
Talend SA provides platform to address IT integration needs in various industries. It designs and develops Talend Data Fabric, a software platform that integrates data and applications in real time across big data and cloud environments, as well as traditional systems, which allows organizations to develop a unified view of their business and customers.
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