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VMware (NYSE:VMW) has received a consensus recommendation of “Buy” from the thirty-five analysts that are covering the company, ARN reports. One equities research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation, seventeen have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $110.07.

A number of analysts have recently weighed in on VMW shares. Analysts at Morningstar upgraded shares of VMware from a “sell” rating to a “hold” rating in a research note on Wednesday, July 9th. Separately, analysts at Wells Fargo & Co. downgraded shares of VMware from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 9th. They noted that the move was a valuation call. Finally, analysts at Piper Jaffray upgraded shares of VMware from a “neutral” rating to an “overweight” rating in a research note on Thursday, May 29th. They now have a $111.00 price target on the stock.

VMware (NYSE:VMW) traded down 0.73% during mid-day trading on Tuesday, hitting $95.27. 135,255 shares of the company’s stock traded hands. VMware has a one year low of $69.86 and a one year high of $112.89. The stock’s 50-day moving average is $96.01 and its 200-day moving average is $97.34. The company has a market cap of $41.015 billion and a price-to-earnings ratio of 40.00.

VMware (NYSE:VMW) last released its earnings data on Tuesday, April 22nd. The company reported $0.80 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.79 by $0.01. The company had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.35 billion. During the same quarter in the prior year, the company posted $0.74 earnings per share. The company’s quarterly revenue was up 14.2% on a year-over-year basis. Analysts expect that VMware will post $3.52 EPS for the current fiscal year.

VMware, Inc, is the provider of virtualization infrastructure solutions utilized by organizations to help transform the way they build, deliver and consume information technology (NYSE:VMW) resources.

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