Atlassian Corporation Plc with ticker code (TEAM) now have 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 145 and 93 calculating the average target price we see 121.29. With the stocks previous close at 130.65 this is indicating there is a potential downside of -7.2%. The 50 day moving average now sits at 123.28 while the 200 day moving average is 106.1. The market cap for the company is $31,865m. 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.