Do Analysts Expect Atlassian Corporation PLC (TEAM) Stock to Rise?


Wall Street is positive on Atlassian Corporation PLC (TEAM). On average, analysts give TEAM a Strong Buy rating. The average price target is $188.6, which means analysts expect the stock to gain by 9.70% over the next twelve months.

That average ranking earns TEAM an Analyst Rating of 68, which is better than 68% of stocks based on data compiled by InvestorsObserver.

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company’s balance sheet. This information allows investors to make decisions ahead of the curve.

Investors Observer combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

Atlassian Corporation PLC (TEAM) stock is trading at $171.93 as of 11:53 AM on Wednesday, Sep 16, a rise of $0.91, or 0.53% from the previous closing price of $171.02. The stock has traded between $170.00 and $173.57 so far today. Volume today is below average. So far 491,449 shares have traded compared to average volume of 1,644,110 shares.

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