Leerink Partners analyst Stephanie Davis maintained a Hold rating on Veeva Systems (NYSE:VEEV) on Thursday, setting a price target of $282, which is approximately 3.63% above the present share price of $272.12.
Davis expects Veeva Systems to post earnings per share (EPS) of $0.71 for the fourth quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Strong Buy rating of shares in Veeva Systems, with an average price target of $321.13.
The analysts price targets range from a high of $350 to a low of $282.
In its latest earnings report, released on 07/31/2021, the company reported a quarterly revenue of $455.59 million and a net profit of $124.62 million. The company's market cap is $41.75 billion.
According to TipRanks.com, Leerink Partners analyst Stephanie Davis is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 9.1% and a 47.74% success rate.
Founded in 2007 and headquartered in California, Veeva Systems, Inc. is a leader in cloud-based software for the global life sciences industry. Its solutions are focused on pharmaceutical and life sciences industry applications.