VMware Receives a New Rating from a Top Analyst


In a report released today, Brian White from Monness assigned a Hold rating to VMware (NYSE: VMW). The company’s shares closed yesterday at $138.23.

According to TipRanks.com, White is a top 100 analyst with an average return of 16.8% and a 69.2% success rate. White covers the Technology sector, focusing on stocks such as Salesforce.com, Alphabet Inc, and Cloudera Inc.

VMware has an analyst consensus of Moderate Buy, with a price target consensus of $142.92.

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VMware’s market cap is currently $55.81B and has a P/E ratio of 102.39. The company has a Price to Book ratio of 7.18.

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VMware, Inc. engages in the provision of cloud infrastructure and business mobility. Its products include Software-Defined Data Center, Hybrid Cloud Computing, and End-User Computing. It supports modernizing data centers, integrating public clouds, empowering digital workspaces and transforming security.

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