Home » USA Broker Ratings » Citrix Systems, Inc. – Consenus Indicates Potential 12.4% Upside

Citrix Systems, Inc. – Consenus Indicates Potential 12.4% Upside

Citrix Systems, Inc. found using ticker (CTXS) have now 15 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 135 and 85 and has a mean target at 112.07. Given that the stocks previous close was at 99.69 this now indicates there is a potential upside of 12.4%. The 50 day MA is 97.13 and the 200 moving average now moves to 100.78. The market cap for the company is $13,184m. You can visit the company’s website by visiting: http://www.citrix.com

Citrix Systems, Inc. provides workspace, networking, and analytics solutions worldwide. The company offers workspace services, including Citrix Virtual Apps and Desktops, a cloud-enabled app and desktop virtualization solution that gives customers the flexibility to deliver desktops and applications as a service from cloud and on-premises datacenters; and Citrix Virtual Apps that allows Windows and Linux applications to be remotely delivered to Macs, PCs, thin clients, and Android/iOS mobile devices from any cloud, on-premises datacenter, or both. Its workspace services also comprise Citrix Endpoint Management enterprise mobility management solutions; and Citrix Workspace Suite, which provides apps, desktops, branch networking and WAN, enterprise mobility management, and data people need for business productivity. In addition, the company offers networking products comprising Citrix ADC, a software-defined application delivery controller designed for organizations undergoing digital transformation; and Citrix SD-WAN that enhances applications delivered from the legacy data center, cloud, or SaaS. Further, it provides content collaboration offerings that include Citrix Content Collaboration, a cloud-based file sharing and storage solution, which provides enterprise-class data services on various corporate and personal mobile devices for businesses. Additionally, the company offers support, hardware maintenance, professional consulting, and product training and certification services. It markets and licenses its products through resellers, distributors, systems integrators, independent software vendors, original equipment manufacturers, and service providers. The company was formerly known as Citrus Systems, Inc. Citrix Systems, Inc. was founded in 1989 and is headquartered in Fort Lauderdale, Florida.