Adobe Systems (NASDAQ:ADBE) stock price target increased to $130.00, issued a research note today by UBS Securities
- Updated: September 21, 2016
In a report released on 9/21/2016 UBS Securities increased the stock price target of Adobe Systems (NASDAQ:ADBE) from $122.00 to $130.00 reporting a potential upside of 0.21%.
On 9/08/2016, Vetr Inc. reported on Adobe Systems (NASDAQ:ADBE) raised the target price from $0.00 to $99.10 that suggested a downside of -0.03%.
Having a price of $107.02, Adobe Systems (NASDAQ:ADBE) traded 0.94% higher on the day. With the last stock price up 4.27% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Adobe Systems has recorded a 50-day average of $100.45 and a two hundred day average of $96.50. Trading volume was up over the average, with 4,107,422 shares of ADBE changing hands over the typical 2,339,750
Recent Performance Chart
Adobe Systems has one year low of $71.27 and a one year high of $104.16 with a P/E ratio of 56.85 and has a market cap of $0.
A total of 21 brokerages have issued a ratings update on ADBE. Nine analysts rating the company a strong buy, 9 firms rating the stock a buy, 5 brokers rating the stock a hold, zero brokerages rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $111.57.
More About Adobe Systems (NASDAQ:ADBE)
Adobe Systems Incorporated is a software company. The Company offers products and services used by professionals, marketers, knowledge workers, application developers, enterprises and consumers for creating, managing, delivering, measuring, optimizing and engaging with compelling content and experiences. It operates through three segments: Digital Media, Digital Marketing, and Print and Publishing. Its Digital Media segment provides tools and solutions that enable individuals, small and medium businesses and enterprises to create, publish, promote and monetize their digital content. Its Digital Marketing segment provides solutions and services for how digital advertising and marketing are created, managed, executed, measured and optimized. Its Print and Publishing segment addresses market opportunities ranging from the diverse authoring and publishing needs of technical and business publishing to its legacy type and original equipment manufacturer (OEM) printing businesses.
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