Zacks Rating on Cisco Systems (CSCO)

Cisco Systems (CSCO) has an average broker rating of 1.7, which is interpreted as a Buy, as rated by 23 equity analysts. Nonetheless, 15 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Nevertheless, the majority of 5 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. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

Cisco Systems (CSCO) : The highest level Cisco Systems (CSCO) is projected to reach is $39 for the short term and the lowest estimate is at $22. The consolidated price target from 20 rating analysts who initiate coverage on the stock is $31.75 and the possibility the share price can swing is $4.05.


Cisco Systems, Inc. has dropped 0.45% in the last five trading days, however, the shares have posted positive gains of 0.62% in the last 4 weeks. Cisco Systems, Inc. is up 9.81% in the last 3-month period. Year-to-Date the stock performance stands at 17.06%. Cisco Systems (NASDAQ:CSCO): stock turned positive on Tuesday. Though the stock opened at $30.83, the bulls momentum made the stock top out at $31.06 level for the day. The stock recorded a low of $30.79 and closed the trading day at $30.98, in the green by 1.14%. The total traded volume for the day was 23,492,905. The stock had closed at $30.63 in the previous days trading.

Cisco System, Inc. (Cisco) designs and sells lines of products, provides services and delivers integrated solutions to develop and connect networks around the world, building the Internet. The Company is engaged in designing, manufacturing and selling Internet Protocol (IP)-based networking and other products related to the communications and information technology (IT) industry, and provides services associated with these products and their use. The Company operates its business through three segments: The Americas; Europe, Middle East, and Africa (EMEA), and Asia Pacific, Japan, and China (APJC). It groups its products and technologies into the various categories, such as Switching, Next-Generation Network (NGN) Routing, Collaboration, Service Provider Video, Data Center, Wireless, Security, and Other Products. In addition to its product offerings, it provides a range of service offerings, including technical support services and advanced services.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *