Cadence Design Systems, Inc. – Consensus ‘buy’ rating and 12.7% Upside Potential

Broker Ratings
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Cadence Design Systems, Inc. which can be found using ticker (CDNS) now have 14 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between 240 and 210 with the average target price sitting at $227.11. Now with the previous closing price of $201.46 this now indicates there is a potential upside of 12.7%. The day 50 moving average is $206.58 and the 200 day MA is $179.93. The market capitalization for the company is 55.68B. The stock price for Apple Inc. is 201.16 USD

The potential market cap would be $62,768,396,095 based on the market consensus.

USD

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 64.47, revenue per share of 13.61 and a 14.21% return on assets.

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