Adobe Systems Incorporated (ADBE) has an average broker rating of 1.38, which is interpreted as a Strong Buy, as rated by 13 equity analysts. Nonetheless, 10 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
Adobe Systems Incorporated (ADBE) stock is expected to deviate a maximum of $9.04 from the average target price of $111.85 for the short term period. 13 Street Experts have initiated coverage on the stock with the most promising target being $125 and the most muted being $97.
Shares of Adobe Systems Incorporated rose by 0.54% in the last five trading days and 3.93% for the last 4 weeks. Adobe Systems Incorporated is up 1.52% in the last 3-month period. Year-to-Date the stock performance stands at 7.66%. Adobe Systems Incorporated (NASDAQ:ADBE): stock turned positive on Tuesday. Though the stock opened at $100.46, the bulls momentum made the stock top out at $101.28 level for the day. The stock recorded a low of $100.24 and closed the trading day at $101.14, in the green by 0.90%. The total traded volume for the day was 1,008,572. The stock had closed at $100.24 in the previous days trading.
Adobe Systems Incorporated (Adobe) is a software company. The Company offers products and services for professionals, marketers, application developers, enterprises and consumers for creating, managing, delivering, optimizing and engaging with content. Adobe markets and licenses its products and services through app stores and its Website www.adobe.com. The Companys operates in three segments: Digital Marketing, Digital Media, and Print and Publishing. In Digital Media, the Company is engaged in providing tools, services and solutions that enable to create, publish and promote their content. In Digital Marketing, the Company is engaged in providing solutions and services for creating, managing, executing, measuring and optimizing digital advertising and marketing campaigns. Adobes Print and Publishing segment addresses various market opportunities, including eLearning solutions, technical document publishing, Web application development and high-end printing.