VeriSign, Inc. – Consensus ‘buy’ rating and 10.5% Upside Potential

Broker Ratings
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VeriSign, Inc. which can be found using ticker (VRSN) now have 2 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $245.00 and $215.00 calculating the average target price we see $230.00. Now with the previous closing price of $208.10 this is indicating there is a potential upside of 10.5%. It’s also worth noting that there is a 50 day moving average of $204.06 and the 200 moving average now moves to $210.37. The market capitalization for the company is 21.09B. The stock price for the company is currently $206.55 USD

The potential market cap would be $23,308,091,368 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 29.51, revenue per share of $14.21 and a 35.96% return on assets.

VeriSign, Inc. is a global provider of domain name registry services and Internet infrastructure. The Company enables the security, stability, and resiliency of Internet infrastructure and services, including providing root zone maintainer services, operating two global Internet root servers, and providing registration services and authoritative resolution for the .com and .net top-level domains (TLDs), which support the majority of global e-commerce. The Company operates the authoritative directory of and/or the back-end systems for all .com, .net, .cc, .gov, .edu and .name domain names, among others. Its services allow individuals and organizations to establish their online identities, while providing the secure, always-on access they need to communicate and transact reliably with large-scale online audiences. The Company also provides internationalized domain name (IDN) services that enable Internet users to access domain names in characters representing their local language.

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