Infoblox Given Consensus Rating of “Hold” by Brokerages (NASDAQ:BLOX)
Infoblox (NASDAQ:BLOX) has been given a consensus rating of “Hold” by the fourteen analysts that are currently covering the company, Analyst RN reports. Eleven investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $22.18.
Several analysts have recently commented on the stock. Analysts at DA Davidson cut their price target on shares of Infoblox to $14.00 in a research note on Wednesday. They now have a “neutral” rating on the stock. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Infoblox in a research note on Tuesday, August 19th. They now have a $13.00 price target on the stock, down previously from $15.00. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Infoblox in a research note on Monday, July 21st. They now have a $15.00 price target on the stock, down previously from $18.00.
Infoblox (NASDAQ:BLOX) opened at 12.69 on Friday. Infoblox has a 1-year low of $11.67 and a 1-year high of $48.97. The stock’s 50-day moving average is $12.28 and its 200-day moving average is $16.89. The company’s market cap is $691.6 million.
Infoblox Inc (NASDAQ:BLOX) is an automated network controller.
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