F5 Networks (FFIV) Gets a Buy Rating from BMO Capital

BMO Capital analyst Tim Long maintained a Buy rating on F5 Networks (FFIV) today and set a price target of $195. The company’s shares opened today at $158.34.

According to TipRanks.com, Long is a 5-star analyst with an average return of 17.9% and a 62.1% success rate. Long covers the Consumer Goods sector, focusing on stocks such as Hewlett Packard Enterprise, Dell Technologies Inc, and Motorola Solutions.

F5 Networks has an analyst consensus of Moderate Buy, with a price target consensus of $189, which is a 19.4% upside from current levels. In a report issued on January 16, Credit Suisse also maintained a Buy rating on the stock with a $218 price target.

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Based on F5 Networks’ latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $133 million. In comparison, last year the company had a net profit of $88.43 million.

Based on the recent corporate insider activity of 73 insiders, corporate insider sentiment is negative on the stock.

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F5 Networks, Inc. engages development and provision of software defined application services. It offers the development, marketing and sale of application delivery networking products that optimize the security, performance, and availability of network applications, servers, and storage systems.