Cisco Systems, Inc. (NASDAQ:CSCO) price target upped to $31.92, reported earlier today by Vetr Inc.
- Updated: September 17, 2016
Reporting a possible upside of 0.04%, Vetr Inc. bumped the target price of Cisco Systems, Inc. (NASDAQ:CSCO) to $32.
On 8/19/2016, Argus released a statement for Cisco Systems, Inc.(NASDAQ:CSCO) bumped the target price from $34.00 to $37.00. At the time, this suggested an upside of 0.21%.
Having a price of $30.61, Cisco Systems, Inc. (NASDAQ:CSCO) traded 1.50% lower on the day. The last stock price is up 6.56% relative to the two hundred day average, compared with the S&P 500 which has fallen -0.01% over the date range. The company has logged a 50-day moving average of $31.06 and 200-day moving average of $28.94. 37,416,316 shares of the stock exchanged hands, up from ann avg. volume of 23,044,200
Cisco Systems, Inc. has a PE of 15 with a one-year low of $22.46 and a one-year high of $31.95. The company’s market capitalization is currently $0.0.
Also covering Cisco Systems, Inc.’s price target, a total of 27 analysts have reported on CSCO. The 12-month target is $29.41 with nine analysts rating the company a strong buy, 14 firms rating the stock a buy, 14 firms rating the stock a hold, one firm rating the company to underperform, and lastly 0 analystsrating the company as sell.
Brief Synopsis About Cisco Systems, Inc. (NASDAQ:CSCO)
Cisco System, Inc. (Cisco) designs and sells lines of products, provides services and delivers integrated solutions to develop and connect networks around the world, building the Internet. The Company is engaged in designing, manufacturing and selling Internet Protocol (IP)-based networking and other products related to the communications and information technology (IT) industry, and provides services associated with these products and their use. The Company operates its business through three segments: The Americas; Europe, Middle East, and Africa (EMEA), and Asia Pacific, Japan, and China (APJC). It groups its products and technologies into the various categories, such as Switching, Next-Generation Network (NGN) Routing, Collaboration, Service Provider Video, Data Center, Wireless, Security, and Other Products. In addition to its product offerings, it provides a range of service offerings, and including technical support services and advanced services.
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