Cisco Systems found using ticker (CSCO) now have 22 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 60 and 45 with a mean TP of 52.5. Given that the stocks previous close was at 41.17 this would indicate that there is a potential upside of 27.5%. The day 50 moving average is 46.78 and the 200 day MA is 47.07. The market cap for the company is $174,894m. You can visit the company’s website by visiting: http://www.cisco.com
Cisco Systems designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. It provides infrastructure platforms, including networking technologies of switching, routing, wireless, and data center products that are designed to work together to deliver networking capabilities, and transport and/or store data. The company also offers collaboration products comprising unified communications, Cisco TelePresence, and conferencing, as well as the Internet of Things and analytics software. In addition, it provides security products, such as network security, cloud and email security, identity and access management, advanced threat protection, and unified threat management products; and cloud and system management products. Further, the company offers a range of service and support options for its customers, including technical support and advanced services. It serves businesses of various sizes, public institutions, governments, and service providers. The company sells its products and services directly, as well as through systems integrators, service providers, other resellers, and distributors. Cisco Systems was founded in 1984 and is headquartered in San Jose, California.