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Zendesk Inc 25.3% Potential Upside Now Implied by RBC Capital Mkts

Zendesk Inc using SYMBOL/TICKER code NYSE:ZEN has had its stock rating noted as ‘Initiated’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at RBC Capital Mkts. Zendesk Inc are listed in the Technology sector within NYSE. RBC Capital Mkts have set a target price of 27 USD on its stock. This would indicate that the analyst believes there is a potential upside of 25.3% from the opening price of 21.55 USD.

Zendesk Inc NYSE:ZEN has a 50 day moving average of 21.26 USD and a 200 Day Moving Average share price is recorded at 23.23 USD. The 52 week high for the share price is currently at 28.2 USD while the 52 week low for the stock is 17.93 USD. Over the last 30 and 90 trading days the company share price has increased 1.56 points and decreased 1.45 points respectively. There are currently 87,499,164 shares in issue with the average daily volume traded being 809,172. Market capitalisation for NYSE:ZEN is $1,885,606,917.00 USD.


Zendesk Inc NYSE:ZEN (Zendesk) is a software development company. The Company provides software as a service (SaaS) customer service platform. The Company answers customers’ questions and solves their problems through email, chat, voice, social media and Websites. Its platform also helps people find answers on their own through knowledge bases and communities. The Company’s platform consolidates the data from customer interactions and provides organizations with analytics and performance benchmarking. The Company, through its subsidiary Zopim, provides live chat software as a standalone service and as an integrated service with its customer service platform for chat-enabled agents. The Company also offers freemium plans for its customer service platform and live chat software, as well as email collaboration software. Its customers are located in 150 countries and territories and provide service through its customer service platform in over 40 languages.