Wells Fargo analyst Aaron Rakers maintained a Buy rating on Cisco Systems (CSCO) on December 6. The company’s shares closed last Monday at $43.84.
According to TipRanks.com, Rakers is a 5-star analyst with an average return of 14.8% and a 63.0% success rate. Rakers covers the Consumer Goods sector, focusing on stocks such as Applied Materials, Dell Technologies, and Western Digital.
Currently, the analyst consensus on Cisco Systems is a Moderate Buy with an average price target of $51.94.
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Cisco Systems’ market cap is currently $186B and has a P/E ratio of 17.47. The company has a Price to Book ratio of 5.40.
Based on the recent corporate insider activity of 102 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CSCO in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
