Zacks Rating on Symantec Corporation (SYMC)

Symantec Corporation (SYMC) has an average broker rating of 2.58, which is interpreted as a Hold, as rated by 19 equity analysts. Nonetheless, 4 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 13 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 considers that the stock is a Sell.

Symantec Corporation (SYMC) : 13 Wall Street analysts covering Symantec Corporation (SYMC) believe that the average level the stock could reach for the short term is $22.46. The maximum price target given is $28 and the minimum target for short term is around $14, hence the standard deviation is calculated at $3.76.


Shares of Symantec Corporation rose by 4.21% in the last five trading days and 17.68% for the last 4 weeks. Symantec Corporation is up 40.91% in the last 3-month period. Year-to-Date the stock performance stands at 43.35%. Symantec Corporation (NASDAQ:SYMC): stock turned positive on Tuesday. Though the stock opened at $23.69, the bulls momentum made the stock top out at $23.99 level for the day. The stock recorded a low of $23.62 and closed the trading day at $23.87, in the green by 0.55%. The total traded volume for the day was 13,292,118. The stock had closed at $23.74 in the previous days trading.

Symantec Corporation provides security, backup and availability solutions. The Company operates in three segments: Consumer Security, Enterprise Security, and Information Management. The Companys products and services offer protection of information in any environment from the mobile device, to the enterprise data center, to cloud-based systems. Consumers receive automatic downloads of the latest virus definitions, application bug fixes and patches for its consumer product. The Companys enterprise security support program offers annual maintenance support contracts, including content, upgrades and technical support. The Companys Consumer Security segment offers Norton-branded services, which provide multi-layer security and identity protection on desktop and mobile operating systems, to defend against online threats to individuals, families and small businesses.

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