In a report released yesterday, Sami Badri from Credit Suisse maintained a Hold rating on Cisco (CSCO), with a price target of $44. The company’s shares closed yesterday at $43.96.
According to TipRanks.com, Badri has 0 stars on 0-5 star ranking scale with an average return of -11.4% and a 24.6% success rate. Badri covers the Consumer Goods sector, focusing on stocks such as Motorola Solutions, Ubiquiti Networks, and CommScope Holding.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cisco with a $52.54 average price target.
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Cisco’s market cap is currently $198.8B and has a P/E ratio of 122.11. The company has a Price to Book ratio of 4.53.
Based on the recent corporate insider activity of 74 insiders, corporate insider sentiment is negative on the stock.
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