Several brokerages have updated their recommendations and price targets on shares of Cisco Systems (NASDAQ: CSCO) in the last few weeks:

  • 12/14/2017 – Cisco Systems is now covered by analysts at Stifel Nicolaus. They set a “hold” rating on the stock.
  • 12/5/2017 – Cisco Systems had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $41.00 price target on the stock.
  • 11/29/2017 – Cisco Systems was downgraded by analysts at Vetr from a “hold” rating to a “sell” rating. They now have a $35.93 price target on the stock.
  • 11/27/2017 – Cisco Systems had its “buy” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a $40.00 price target on the stock.
  • 11/17/2017 – Cisco Systems had its price target raised by analysts at Argus from $41.00 to $44.00. They now have a “buy” rating on the stock.
  • 11/17/2017 – Cisco Systems had its “buy” rating reaffirmed by analysts at Cowen Inc.
  • 11/17/2017 – Cisco Systems was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $35.78 price target on the stock.
  • 11/16/2017 – Cisco Systems had its price target raised by analysts at MKM Partners to $38.00. They now have a “neutral” rating on the stock.
  • 11/16/2017 – Cisco Systems had its “buy” rating reaffirmed by analysts at Robert W. Baird.
  • 11/16/2017 – Cisco Systems had its “buy” rating reaffirmed by analysts at UBS AG. They now have a $39.00 price target on the stock.
  • 11/16/2017 – Cisco Systems had its price target raised by analysts at BMO Capital Markets from $32.00 to $36.00. They now have a “market perform” rating on the stock.
  • 11/16/2017 – Cisco Systems had its price target raised by analysts at Bank of America Corp from $35.00 to $37.00. They now have a “neutral” rating on the stock.
  • 11/16/2017 – Cisco Systems had its “buy” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $45.00 price target on the stock, up previously from $40.00.
  • 11/16/2017 – Cisco Systems had its price target raised by analysts at Nomura from $29.00 to $33.00. They now have a “neutral” rating on the stock.
  • 11/16/2017 – Cisco Systems had its price target raised by analysts at Royal Bank of Canada to $40.00. They now have an “outperform” rating on the stock.
  • 11/16/2017 – Cisco Systems had its price target raised by analysts at Jefferies Group LLC to $40.00. They now have a “buy” rating on the stock.
  • 11/16/2017 – Cisco Systems had its “buy” rating reaffirmed by analysts at Citigroup Inc.. They now have a $40.00 price target on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 11/16/2017 – Cisco Systems had its price target raised by analysts at Barclays PLC from $34.00 to $37.00. They now have an “overweight” rating on the stock.
  • 11/15/2017 – Cisco Systems had its “buy” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $36.00 price target on the stock.
  • 11/14/2017 – Cisco Systems had its “outperform” rating reaffirmed by analysts at Wells Fargo & Company. They now have a $42.00 price target on the stock.
  • 11/13/2017 – Cisco Systems was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $35.49 price target on the stock.
  • 11/10/2017 – Cisco Systems had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $38.00 price target on the stock.
  • 11/3/2017 – Cisco Systems had its “buy” rating reaffirmed by analysts at Cowen Inc. They now have a $38.00 price target on the stock.
  • 10/31/2017 – Cisco Systems had its “buy” rating reaffirmed by analysts at Oppenheimer Holdings Inc.. They now have a $36.00 price target on the stock.
  • 10/24/2017 – Cisco Systems had its “hold” rating reaffirmed by analysts at Needham & Company LLC.
  • 10/24/2017 – Cisco Systems had its “hold” rating reaffirmed by analysts at Berenberg Bank. They now have a $33.00 price target on the stock.
  • 10/23/2017 – Cisco Systems had its “hold” rating reaffirmed by analysts at BMO Capital Markets. They now have a $32.00 price target on the stock.
  • 10/20/2017 – Cisco Systems had its “buy” rating reaffirmed by analysts at Oppenheimer Holdings Inc.. They now have a $36.00 price target on the stock.
  • 10/17/2017 – Cisco Systems was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Cisco's expanding footprint in the rapidly growing security market presents significant growth opportunity. Further, the company’s focus on driving cost improvement, operational efficiencies and productivity will help in margin expansion. Additionally, partnerships with Telenor, Apple, IBM and Microsoft are positive in our view. Moreover, the recently updated ACI solution will boost expertise in the SDN market. On a year-to-date basis, the company has outperformed the industry it belongs to. However, top-line will continue suffer from intensifying competition, slowing order growth from service providers and challenges in the emerging markets. We continue to believe that the time-consuming transition to subscription-based business model will hurt top line growth at least in the near term.”

Shares of Cisco Systems, Inc. (NASDAQ:CSCO) opened at $37.90 on Friday. Cisco Systems, Inc. has a 52-week low of $29.80 and a 52-week high of $38.37. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.81 and a current ratio of 2.87. The company has a market capitalization of $187,412.72, a PE ratio of 17.47, a P/E/G ratio of 3.43 and a beta of 1.19.

Cisco Systems (NASDAQ:CSCO) last announced its earnings results on Wednesday, November 15th. The network equipment provider reported $0.61 EPS for the quarter, beating the consensus estimate of $0.60 by $0.01. Cisco Systems had a return on equity of 16.64% and a net margin of 20.26%. The company had revenue of $12.14 billion for the quarter, compared to analyst estimates of $12.11 billion. During the same quarter in the prior year, the company earned $0.61 EPS. The firm’s revenue for the quarter was down 1.7% compared to the same quarter last year. research analysts forecast that Cisco Systems, Inc. will post 2.21 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 24th. Investors of record on Friday, January 5th will be given a dividend of $0.29 per share. The ex-dividend date is Thursday, January 4th. This represents a $1.16 annualized dividend and a dividend yield of 3.06%. Cisco Systems’s payout ratio is 60.10%.

In other Cisco Systems news, insider John T. Chambers sold 250,000 shares of the stock in a transaction that occurred on Wednesday, November 22nd. The stock was sold at an average price of $36.50, for a total value of $9,125,000.00. Following the transaction, the insider now owns 712,736 shares in the company, valued at $26,014,864. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Mark D. Chandler sold 65,000 shares of the stock in a transaction that occurred on Monday, September 18th. The stock was sold at an average price of $32.43, for a total value of $2,107,950.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 323,392 shares of company stock worth $11,539,174. 0.05% of the stock is owned by corporate insiders.

Cisco Systems, Inc designs and sells a range of products, provides services and delivers integrated solutions to develop and connect networks around the world. The Company operates through three geographic segments: Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific, Japan and China (APJC).

Receive News & Ratings for Cisco Systems Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cisco Systems Inc and related companies with MarketBeat.com's FREE daily email newsletter.