December 16, 2017

Cisco Systems, Inc. (CSCO) Receives $35.47 Average Price Target from Analysts

13 October 2017, 03:42 | Melvin Schneider

About 1,038 shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since October 13, 2016 and is uptrending. It has underperformed by 3.50% the S&P500. Thomaspartners Incorporated holds 1.73% or 6.42 million shares. Shares of LB have sank -9.05% in the past three monthswhile the S&P 500 has dropped -9.4% in that time. United Continental Holdings Inc (NYSE:UAL) has risen 77.19% since October 12, 2016 and is uptrending. It has underperformed by 26.74% the S&P500. (NASDAQ:CSCO) on Wednesday, August 2 with "Buy" rating. Therefore 35% are positive. Ecopetrol had 8 analyst reports since August 12, 2015 according to SRatingsIntel. On Monday, January 9 the stock rating was maintained by N+1 Singer with "Buy". On Monday, August 17 the stock rating was downgraded by Morgan Stanley to "Equal Weight". As per Friday, August 19, the company rating was maintained by Argus Research. $4.92 million worth of American International Group Inc (NYSE:AIG) was bought by DUPERREAULT BRIAN on Thursday, May 18. The ex-dividend date has been established as Wednesday the 4th of October 2017. (NASDAQ:CSCO) has "Buy" rating given on Thursday, February 11 by Jefferies. (NASDAQ:CSCO) rating on Wednesday, June 28.

Since May 24, 2017, it had 0 insider purchases, and 3 selling transactions for $12.50 million activity. On Wednesday, May 10 the insider Drobny Dane A sold $171,433. (NASDAQ:CSCO) shares were sold by Jacoby Rebecca. 7,802 shares were sold by Walker Karen, worth $244,125. Shares for $786,342 were sold by Bonds Michael P on Tuesday, May 9. LB comes in with a P/S ratio of 0.93 that's below 1, potentially implying that it could be cheap relative to the overall sector (13.04) and its peers (89.54). Narrowing in further, the stock has been recently noted at -1.63% away from the 50 day high and 14.31% separated from the 50 day low.

Brokerage houses, on average, are recommending investors to buy Extreme Networks, Inc. 79 funds opened positions while 182 raised stakes. Wheatland Advisors Inc holds 2.3% or 81,399 shares in its portfolio. Prentiss Smith And, a Vermont-based fund reported 104,691 shares. Madison Investment Incorporated stated it has 714,730 shares. 49,854 are owned by Glenmede Na.

Investors sentiment increased to 0.98 in 2017 Q2. Cullen Frost Bankers holds 0.73% or 697,698 shares in its portfolio. Horan Cap Management holds 318,268 shares. (NASDAQ:CSCO) has a consensus target price of $35.833 on the stock. Paradigm Financial Advisors Llc reported 43,693 shares. (NASDAQ:CSCO) or 10,200 shares. Northwestern Mutual Wealth Mgmt owns 4,658 shares or 0% of their USA portfolio. Financial Architects has 21,383 shares for 0.12% of their portfolio. Oakworth owns 22,899 shares. The stock declined 0.50% or $0.34 reaching $67.06 on the news. Bank of America maintained Republic Services, Inc. The company has market cap of $164.70 billion. The Firm operates through investment management industry segment. It now has negative earnings. It offers goods and services in three primary categories: Local Deals (Local), Groupon Goods (Goods) and Groupon Getaways (Travel).

It tells an investor how quickly a company is increasing its revenues. Its up 0.14, from 1.04 in 2017Q1. It increased, as 90 investors sold CSCO shares while 594 reduced holdings. Bristol John W And Ny has 2.17M shares. The Cullinan Associates Inc holds 364,395 shares with $11.41M value, up from 345,900 last quarter. Hoertkorn Richard Charles accumulated 0.03% or 660 shares. Nuveen Asset Mngmt Ltd Liability Co reported 0.57% stake.

Alphabet Inc. (GOOG) Sees New 52-Week High
July 21 investment analysts at Deutsche Bank maintained a stock rating of "Buy" and lowered the price target to $1.00 from $1.00. The expected GOOGL's profit could reach $5.79B giving the stock 29.82 P/E in the case that $8.43 earnings per share is reported.

Court defers Sharif's indictment after clash
His legal team nominated Zafir Khan as the "pleader" - the person who will stand for Sharif in court during his indictment. Sharif's wife Kulsoom, who is suffering from throat cancer, has undergone three surgeries in the United Kingdom so far.

Citigroup Inc (C) Stock Dips Despite Q3 Earnings Beat
FILE PHOTO: A view of the exterior of the Citibank Corporate headquarters in the Manhattan borough of New York City, May 20, 2015. Earnings per share rose about 15 percent to $1.42, bolstered by the bank's move to reduce its shares outstanding by 7 percent.

Among 37 analysts covering Cisco Systems Inc. (NASDAQ:CSCO) for 313,452 shares. Verity & Verity Limited Liability Company stated it has 2.54% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) to post a current quarter EPS of $0.55. Hengehold Cap Management Limited Company holds 9,319 shares.

As of quarter end Koshinski Asset Management, Inc. had acquired a total of 1,258 shares growing its stake by 3.0%. Tealwood Asset Mgmt invested in 157,890 shares or 1.85% of the stock. Finally, Vanguard Group Inc. increased its stake in Cisco Systems by 3.3% in the first quarter.

08/17/2017 - Cisco Systems, Inc. had its "market perform" rating reiterated by analysts at JMP Securities. Therefore 62% are positive. The stock has "Overweight" rating by Piperjaffray on Thursday, August 18. The firm earned "Buy" rating on Wednesday, August 17 by Jefferies. The rating was maintained by Jefferies with "Buy" on Friday, June 30. The Free Cash Flow Yield 5 Year Average of Cisco Systems, Inc. The company now has an average rating of "Buy" and a consensus price target of $35.38. The rating was maintained by Pacific Crest with "Overweight" on Thursday, August 18. Cisco Systems, Inc. has a 52-week low of 29.12 and a 52-week high of 34.60. The firm earned "Outperform" rating on Tuesday, August 23 by Imperial Capital. (NASDAQ:CSCO) has "Buy" rating given on Tuesday, June 13 by Deutsche Bank. The firm has "Hold" rating given on Wednesday, July 12 by Cowen & Co. The rating was initiated by Citigroup on Tuesday, October 6 with "Buy".

06/29/2017 - Cisco Systems, Inc. had its "hold" rating reiterated by analysts at Wunderlich. (NASDAQ:CSCO) to report earnings on November, 15.

Other News

Trending Now

Supreme Court refers matter to Constitution bench
The court had on February 20 reserved its order on whether to refer the matter to a constitution bench. The women aged between 10 and 50 are not allowed from taking the pilgrimage to Sabarimala temple.

Wells Fargo & Company Earnings Ahead: Quick Glance
Commonwealth Of Pennsylvania Public School Empls Retrmt owns 0.28% invested in Wells Fargo & Co (NYSE: WFC ) for 334,142 shares. The financial services provider reported $1.07 EPS for the quarter, beating analysts' consensus estimates of $1.02 by $0.05.

Search for missing Richardson girl enters sixth day
An Amber Alert was issued and then later canceled due to lack of new information, for the girl, identified as Sherin Williams. Police are very tightlipped about the investigation and are not saying specifically what they're doing.

Zuma's Fate In NPA boss Shaun Abraham's Hands
Legal expert Ulrich Roux said the court's decision means it was now the NPA's prerogative to reinstitute the charges against Zuma. Mpshe's decision was immediately challenged by the Democratic Alliance (DA) in a case that dragged on for 8 years.