Citrix Systems (NASDAQ:CTXS) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 2.09 by 18 Brokerage Firm. 8 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 8 Brokerage Firms have advised hold. A sell rating was given by 1 analyst.
Citrix Systems (NASDAQ:CTXS): 15 analysts have set the short term price target of Citrix Systems (NASDAQ:CTXS) at $89.07. The standard deviation of short term price target has been estimated at $6.65, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 98 and $80 respectively.
Citrix Systems (NASDAQ:CTXS) rose 0.12% or 0.1 points on Tuesday and made its way into the gainers of the day. After trading began at $85.54 the stock was seen hitting $85.8 as a peak level and $84.88 as the lowest level. The stock ended up at $85.24. The daily volume was measured at 1,084,890 shares. The 52-week high of the share price is $90 and the 52-week low is $60.91. The company has a market cap of $13,221 million.
Citrix Systems, Inc. has dropped 0.12% in the last five trading days, however, the shares have posted positive gains of 2.44% in the last 4 weeks. Citrix Systems, Inc. is up 9.35% in the last 3-month period. Year-to-Date the stock performance stands at 12.68%.
Citrix Systems, Inc. provides virtualization, mobility management, networking and SaaS solutions to businesses. The Companys solutions offer secure, mobile workspaces that provide people with access to apps, desktops, data and communications on any device, over any network or cloud. It markets and licenses its products directly to customers. The Company operates through two segments: Enterprise and Service Provider division and the Mobility Apps division. Enterprise and Service Provider divisions Workspace services include mobile platforms, desktop and application virtualization, citrix workspace suite and delivery networking. Its Mobility Apps applications include communications cloud, documents cloud and workflow cloud. It also offers Professional Services and Technology products, which include Citrix HDX, FlexCast, Citrix personalization technologies, NetScaler Software Packet Engine, ByteMobile Adaptive Traffic Management System, XenMobile and Citrix Internet, among others.