What’s Next for Cisco Systems (CSCO) Stock?

 

Cisco Systems, Inc. (CSCO) stock is up 21.33% over the last 12 months, and the average rating from Wall Street analysts is a Moderate Buy. Stock Score Report, InvestorsObserver’s proprietary scoring system, gives CSCO stock a score of 76 out of a possible 100.

That score is chiefly influenced by a short-term technical score of 98. CSCO’s score also includes a long-term technical score of 80. The fundamental score for CSCO is 51. In addition to the average rating from Wall Street analysts, CSCO stock has a mean target price of $56.25. This means analysts expect the stock to climb 1.94% over the next 12 months.

Click Here to get the full Stock Score Report on Cisco Systems, Inc. (CSCO).

What’s Happening with CSCO Stock Today

Cisco Systems, Inc. (CSCO) stock is higher by 5.23% while the S&P 500 is up 0.93% as of 10:17 AM on Thursday, May 16. CSCO is up $2.74 from the previous closing price of $52.44 on volume of 11,769,808 shares. Over the past year the S&P 500 has gained 6.13% while CSCO is up 21.33%. CSCO earned $2.87 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 19.3.

Symbols: CSCO

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