Cisco Systems, Inc. with ticker code (CSCO) have now 24 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 73 and 44 calculating the mean target price we have 55.08. With the stocks previous close at 44.59 this would imply there is a potential upside of 23.5%. The day 50 moving average is 44.85 while the 200 day moving average is 51.5. The market cap for the company is $184,148m. Company Website: https://www.cisco.com
The potential market cap would be $227,470m based on the market concensus.
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. It provides infrastructure platforms, including networking technologies of switching, routing, wireless, and data center products that are designed to work together to deliver networking capabilities, and transport and/or store data. The company also offers collaboration products comprising unified communications, Cisco TelePresence, and conferencing, as well as the Internet of Things and analytics software. In addition, it provides security products, such as network security, cloud and email security, identity and access management, advanced threat protection, and unified threat management products. Further, the company offers a range of service and support options for its customers, including technical support and advanced services. It serves businesses of various sizes, public institutions, governments, and service providers. The company sells its products and services directly, as well as through systems integrators, service providers, other resellers, and distributors. Cisco Systems, Inc. has strategic alliances with other companies. Cisco Systems, Inc. was incorporated in 1984 and is headquartered in San Jose, California.
