Evercore ISI began coverage on shares of Anaplan (NYSE:PLAN) in a research report sent to investors on Tuesday morning, Marketbeat Ratings reports. The firm issued an inline rating and a $26.00 price target on the stock.

Several other research firms have also recently commented on PLAN. KeyCorp began coverage on Anaplan in a report on Tuesday. They issued a sector weight rating for the company. Barclays began coverage on Anaplan in a report on Tuesday. They issued an overweight rating and a $30.00 price target for the company. Piper Jaffray Companies began coverage on Anaplan in a report on Tuesday. They issued an overweight rating and a $28.00 price target for the company. JMP Securities began coverage on Anaplan in a report on Tuesday. They issued an outperform rating and a $29.00 price target for the company. Finally, Goldman Sachs Group began coverage on Anaplan in a report on Tuesday. They issued a neutral rating and a $25.00 price target for the company. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Anaplan presently has an average rating of Buy and an average target price of $27.33.

Shares of PLAN stock traded down $1.53 during midday trading on Tuesday, hitting $24.22. The company had a trading volume of 354,048 shares, compared to its average volume of 1,415,840. Anaplan has a 52-week low of $20.37 and a 52-week high of $27.30.

In other Anaplan news, Director Robert E. Beauchamp purchased 10,000 shares of Anaplan stock in a transaction dated Friday, October 12th. The stock was acquired at an average cost of $24.21 per share, with a total value of $242,100.00. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Sandesh Kaveripatnam purchased 1,104,999 shares of Anaplan stock in a transaction dated Tuesday, October 16th. The stock was acquired at an average cost of $17.00 per share, with a total value of $18,784,983.00. The disclosure for this purchase can be found here. Insiders bought a total of 1,118,599 shares of company stock valued at $19,088,283 over the last three months.

About Anaplan

Anaplan, Inc provides a cloud-based connected planning platform Its platform unites traditionally distinct or disconnected database structures, including relational, columnar, and online analytical processing with in-memory data storage and calculation that is used in various lines of business, such as finance, sales, supply chain, marketing, human resources, and operations.

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Analyst Recommendations for Anaplan (NYSE:PLAN)

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