Cisco Systems, Inc. with ticker code (CSCO) have now 24 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 65 and 47 with a mean TP of 56.46. Now with the previous closing price of 55.93 this is indicating there is a potential upside of .9%. The 50 day moving average now sits at 55.07 and the 200 moving average now moves to 49.2. The company has a market cap of $248,517m. You can visit the company’s website by visiting: http://www.cisco.com
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry worldwide. The company offers switching products; routing products that interconnect public and private wireline and mobile networks; data center products; and wireless access points for use in voice, video, and data applications. It also provides collaboration products comprising unified communications, TelePresence, and conferencing, as well as the Internet of Things and analytics software. In addition, the company offers security products, including network and data center security, advanced threat protection, Web and email security, access and policy, unified threat management, advisory, integration, and managed services; and other products, such as service provider video software and solutions, and cloud and system management products. Further, it offers technical support services and advanced services; and hyperconvergence software, cloud calling and contact center solutions, and AI-driven relationship intelligence platform. The company serves businesses of various sizes, public institutions, governments, and service providers. It sells its products directly, as well as through channel partners, such as systems integrators, service providers, other resellers, and distributors. The company has collaboration agreements with KT Corporation and Bharti Airtel. Cisco Systems, Inc. was founded in 1984 and is headquartered in San Jose, California.