In a report released yesterday, Ryan Koontz from Rosenblatt Securities maintained a Hold rating on Juniper Networks (JNPR), with a price target of $25.00. The company’s shares closed last Monday at $23.59, close to its 52-week low of $22.42.
According to TipRanks.com, Koontz is a 5-star analyst with an average return of 22.1% and a 62.2% success rate. Koontz covers the Consumer Goods sector, focusing on stocks such as CommScope Holding, Arista Networks, and Ciena Corp.
Juniper Networks has an analyst consensus of Moderate Buy, with a price target consensus of $27.00.
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Juniper Networks’ market cap is currently $8.16B and has a P/E ratio of 16.77. The company has a Price to Book ratio of 1.77.
Based on the recent corporate insider activity of 49 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 JNPR 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.
Juniper Networks, Inc. engages in the design, development, and sale of products and services for high-performance networks. Its products address network requirements for global service provides, cloud providers, national governments, research and public sector organizations, and other enterprises.
