Sanford C. Bernstein has set a target price of $ 34.00 Cisco Systems in a research note issued on Thursday morning. The company currently has aa recommendation to buy shares.
A number of other analysts have recently weighed on CSCO. Argus analysts raised their price target on shares of Cisco Systems from $ 30.00 to $ 36.00 and gave the company a buy rating in a research note on Friday February 13. The Vetr analysts downgraded shares of
pass4sure Cisco exam dumps Systems from a Hold recommendation for a sell rating and set a $ 28.00 price target on the stock in a research note 12 Thursday, February. Credit Suisse analysts set a target price of $ 20.00 in shares of Cisco Systems, and gave the company to sell rating in a research note 12 Thursday, February.
Finally, analysts at Piper Jaffray set a $ 33.00 price target on shares of Cisco Systems, and has given the company a buy rating in a research note 12 Thursday, February. Three analysts rated the stock a sell recommendation issued a recommendation Hold Ten and twenty years were qualified to buy shares in the company. Cisco Systems currently has a Buy rating and an average consensus price target of $ 29.10.
Shares of Cisco Systems traded down 0.61% during mid-day on Thursday, reaching $ 29.31. The stock has had a trading volume of 21464.908000 actions. Cisco Systems has a one year low $ 21.27 and a high of $ 29.58 1 year. The stock has a 50-day moving average of $ 27.68 and 200-day moving average of $ 25.98. The company has a market cap of $ 150.0 million and the price-earnings ratio of 17.62.
Cisco Systems has released its latest data on Wednesday, February 11th. The company reported $ 0.53 EPS for the quarter, beating the consensus estimate of Thomson Reuters of $ 0.51 by $ 0.02. The company recorded revenues of $ 11.90 billion for the quarter, compared to the consensus estimate of $ 11,080,000,000. In the same quarter last year, the company reported $ 0.47 per share. Quarterly revenue of the company increased by 7.0% year on year in the year. Analysts expect Cisco Systems post $ 2.16 EPS for the current fiscal year.
The company also recently announced a quarterly dividend on Wednesday April 22 will be paid. Shareholders of record on Thursday, April 2 will be paid a dividend of $ 0.21 per share. This represents an annualized dividend $ 0.84 and a dividend yield of 2.87%. The ex-dividend date is Tuesday, March 31. It is a change from the previous quarterly dividend of Cisco Systems for $ 0.19.Cisco Systems, Inc designs, manufactures and sells Internet protocol (IP) based network and related industry communications technology and information (TI) and provide services associated with these products and their use products.