MongoDB – Consensus Indicates Potential 49.8% Upside

Broker Ratings

MongoDB with ticker code (MDB) now have 11 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 445 and 320 with the average target price sitting at 389.82. Now with the previous closing price of 260.31 this is indicating there is a potential upside of 49.8%. The 50 day moving average now sits at 332.01 and the 200 day moving average is 309.63. The company has a market capitalisation of $15,410m. You can visit the company’s website by visiting: http://www.mongodb.com

MongoDB provides general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB. It also provides professional services, such as consulting and training. The company was formerly known as 10gen and changed its name to MongoDB in August 2013. MongoDB was incorporated in 2007 and is headquartered in New York, New York.

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