Atlassian Corporation Plc – Cla with ticker code (TEAM) have now 13 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 108 and 65 and has a mean target at 91.15. With the stocks previous close at 95.5 this would indicate that there is a downside of -4.6%. The day 50 moving average is 85.2 and the 200 moving average now moves to 79.71. The market cap for the company is $22,779m. Company Website: http://www.atlassian.com
Atlassian Corporation Plc, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. It provides project tracking, content creation and sharing, and service management products. The company’s products include JIRA, a workflow management system that enables teams to plan, organize, track, and manage their work and projects; Confluence, a content collaboration platform that is used to create, share, organize, and discuss projects; and Trello, a Web-based project management application for capturing and adding structure to fluid, fast-forming work for teams. Its products also comprise Bitbucket, a code management and collaboration product for teams using distributed version control systems; and Jira Service Desk, a service desk product for creating and managing service experiences for various service team providers, including IT help desks, and legal and HR teams. In addition, the company offers other tools, such as Atlassian Access, Bamboo, Crowd, Crucible, Fisheye, Sourcetree, and Statuspage. It has a strategic partnership with Zoom Video Communications, Inc. Atlassian Corporation Plc was founded in 2002 and is based in London, the United Kingdom.