Ciena Corporation – Consensus ‘buy’ rating and 41.3% Upside Potential

Broker Ratings
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Ciena Corporation with ticker code (CIEN) have now 13 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between 74 and 45 and has a mean target at $63.12. Now with the previous closing price of $44.66 this would imply there is now a potential upside of 41.3%. The day 50 moving average is $48.03 and the 200 day moving average is $47.52. The market cap for the company is 6.83B. The stock price for the company is currently 44.77 USD

The potential market cap would be $9,659,949,113 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 36.7, revenue per share of 25.64 and a 3.38% return on assets.

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