Cisco Systems (CSCO)
(Real Time Quote from BATS)
$47.90 USD
-0.45 (-0.93%)
Updated Apr 25, 2024 11:50 AM ET
4-Sell of 5 4
C Value F Growth F Momentum F VGM
Cisco Systems (CSCO) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$54.56 | $76.00 | $45.00 | 12.84% |
Price Target
Based on short-term price targets offered by 18 analysts, the average price target for Cisco Systems comes to $54.56. The forecasts range from a low of $45.00 to a high of $76.00. The average price target represents an increase of 12.84% from the last closing price of $48.35.
Analyst Price Targets (18)
Broker Rating
Cisco Systems currently has an average brokerage recommendation (ABR) of 2.56 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 24 brokerage firms. The current ABR compares to an ABR of 2.65 a month ago based on 20 recommendations.
Of the 24 recommendations deriving the current ABR, five are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 20.83% and 8.33% of all recommendations. A month ago, Strong Buy made up 20%, while Buy represented 5%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 5 | 5 | 4 | 4 | 4 |
Buy | 2 | 2 | 1 | 1 | 1 |
Hold | 16 | 15 | 14 | 14 | 13 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 1 | 1 |
ABR | 2.56 | 2.54 | 2.65 | 2.65 | 2.63 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
4/9/2024 | Needham & Company | Bruce A Henderson | Not Available | Hold |
3/20/2024 | Piper Sandler | James Fish | Hold | Hold |
3/15/2024 | JMP Securities | Erik L Suppiger | Hold | Hold |
2/15/2024 | William Blair | Jason N Ader | Hold | Hold |
2/15/2024 | KeyBanc Capital Markets | Thomas Blakey | Hold | Hold |
1/8/2024 | Not Identified | Not Identified | Not Available | Hold |
11/16/2023 | New Street Research | Pierre C Ferragu | Not Available | Hold |
11/16/2023 | Rosenblatt Securities | Michael E Genovese | Hold | Hold |
10/31/2023 | Raymond James | Simon M Leopold | Hold | Hold |
8/17/2023 | Evercore Partners | Amit Daryanani | Strong Buy | Strong Buy |
8/16/2023 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/20/2023 | Exane BNP Paribas | Karl Ackerman | Not Available | Strong Sell |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.56 |
ABR (Last week) | 2.54 |
# of Recs in ABR | 24 |
Average Target Price | $54.56 |
LT Growth Rate | 5.50% |
Industry | Computer - Networking |
Industry Rank by ABR | 76 of 252 |
Current Quarter EPS Est: | 0.83 |