Pacific Crest began coverage on shares of Talend SA (NASDAQ:TLND) in a research note issued to investors on Tuesday. The firm set an “overweight” rating on the stock.
Other research analysts have also issued reports about the stock. Zacks Investment Research upgraded shares of Talend SA from a “sell” rating to a “hold” rating in a research note on Thursday, March 9th. Citigroup Inc upgraded shares of Talend SA from a “neutral” rating to a “buy” rating in a research note on Tuesday, April 4th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the stock. Talend SA currently has an average rating of “Buy” and an average price target of $29.50.
Talend SA (NASDAQ:TLND) opened at 29.73 on Tuesday. The company has a 50-day moving average of $28.69 and a 200-day moving average of $24.94. The stock’s market capitalization is $831.58 million. Talend SA has a 52 week low of $21.02 and a 52 week high of $34.49.
Talend SA (NASDAQ:TLND) last posted its quarterly earnings data on Thursday, February 9th. The company reported ($0.13) EPS for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.05. The business earned $30.50 million during the quarter, compared to analyst estimates of $29.42 million. The business’s revenue was up 45.9% compared to the same quarter last year. Analysts anticipate that Talend SA will post ($0.71) earnings per share for the current year.
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Hedge funds and other institutional investors have recently modified their holdings of the company. AGF Investments Inc. purchased a new position in shares of Talend SA during the third quarter worth about $392,000. Peregrine Capital Management LLC purchased a new position in shares of Talend SA during the third quarter worth about $8,304,000. Gilder Gagnon Howe & Co. LLC purchased a new position in shares of Talend SA during the third quarter worth about $1,164,000. BlackRock Advisors LLC purchased a new position in shares of Talend SA during the third quarter worth about $1,833,000. Finally, Citadel Advisors LLC purchased a new position in shares of Talend SA during the third quarter worth about $3,793,000.
About Talend SA
Talend SA is a provider of open source integration solutions for data-oriented companies and integration platform under Apache Spark. The Company’s platform enables users to connect data and applications on-premise or in the cloud, in real time or in batch, Big Data or reference data. Its commercial products are Data Fabric, Big Data Integration, Real-Time Big Data, Data Preparation, Data Integration, Cloud Integration, Data Quality, Application Integration, Master Data Management and metadata Manager.
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