Rosenblatt Securities reiterated their hold rating on shares of Talend (NASDAQ:TLND) in a research note released on Thursday morning. Rosenblatt Securities currently has a $42.00 price objective on the technology company’s stock.
Several other equities analysts have also recently issued reports on the company. Barclays reaffirmed a buy rating and set a $70.00 price objective on shares of Talend in a report on Friday, November 9th. Citigroup set a $81.00 price objective on Talend and gave the stock a buy rating in a report on Friday, November 9th. BidaskClub cut Talend from a buy rating to a hold rating in a report on Saturday, September 29th. KeyCorp reaffirmed a buy rating and set a $61.00 price objective on shares of Talend in a report on Thursday, November 8th. Finally, Needham & Company LLC reduced their price objective on Talend from $71.00 to $68.00 and set a buy rating for the company in a report on Thursday, November 8th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of $56.38.
Shares of TLND traded down $0.60 during mid-day trading on Thursday, hitting $36.09. The company’s stock had a trading volume of 309,900 shares, compared to its average volume of 876,850. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.14 and a quick ratio of 1.14. The stock has a market capitalization of $1.07 billion, a P/E ratio of -36.09 and a beta of 0.12. Talend has a 1-year low of $31.35 and a 1-year high of $73.52.
A number of hedge funds have recently modified their holdings of the stock. Centaurus Financial Inc. purchased a new position in Talend during the second quarter worth $101,000. DekaBank Deutsche Girozentrale increased its position in Talend by 160.0% during the third quarter. DekaBank Deutsche Girozentrale now owns 2,080 shares of the technology company’s stock worth $129,000 after buying an additional 1,280 shares in the last quarter. BlackRock Inc. increased its position in Talend by 1,906.0% during the second quarter. BlackRock Inc. now owns 2,347 shares of the technology company’s stock worth $146,000 after buying an additional 2,230 shares in the last quarter. FDx Advisors Inc. purchased a new position in Talend during the third quarter worth $201,000. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new position in Talend during the third quarter worth $329,000. 79.13% of the stock is owned by hedge funds and other institutional investors.
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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