Juniper Networks (NYSE:JNPR)‘s stock had its “sell” rating reiterated by equities research analysts at Deutsche Bank in a note issued to investors on Friday. They currently have a $20.00 price target on the network equipment provider’s stock. Deutsche Bank’s target price would suggest a potential downside of 30.53% from the company’s previous close.

Several other brokerages have also weighed in on JNPR. ValuEngine upgraded shares of Juniper Networks from a “hold” rating to a “buy” rating in a report on Thursday, November 30th. Robert W. Baird reiterated a “hold” rating and set a $26.00 price objective on shares of Juniper Networks in a report on Thursday, November 30th. Stifel Nicolaus assumed coverage on shares of Juniper Networks in a report on Thursday, December 14th. They set a “hold” rating and a $28.00 price objective on the stock. BidaskClub upgraded shares of Juniper Networks from a “sell” rating to a “hold” rating in a report on Thursday, October 5th. Finally, Jefferies Group restated a “hold” rating and issued a $30.25 price target on shares of Juniper Networks in a report on Tuesday, October 3rd. Five equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $29.04.

Shares of Juniper Networks (NYSE:JNPR) traded down $0.02 during mid-day trading on Friday, hitting $28.79. 3,015,000 shares of the stock traded hands, compared to its average volume of 2,362,300. The stock has a market cap of $10,950.00, a price-to-earnings ratio of 17.24, a P/E/G ratio of 2.65 and a beta of 1.10. Juniper Networks has a 1-year low of $23.87 and a 1-year high of $30.96. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.70 and a current ratio of 2.70.

Juniper Networks (NYSE:JNPR) last announced its quarterly earnings data on Tuesday, October 24th. The network equipment provider reported $0.55 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.58 by ($0.03). The company had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.26 billion. Juniper Networks had a return on equity of 13.81% and a net margin of 12.77%. The company’s revenue was down 2.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.58 earnings per share. equities analysts expect that Juniper Networks will post 1.7 earnings per share for the current year.

In other news, CEO Rami Rahim sold 16,100 shares of Juniper Networks stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $26.24, for a total transaction of $422,464.00. Following the sale, the chief executive officer now owns 469,607 shares in the company, valued at $12,322,487.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Rahul N. Merchant acquired 2,000 shares of the company’s stock in a transaction dated Wednesday, November 8th. The shares were purchased at an average price of $24.48 per share, for a total transaction of $48,960.00. Following the purchase, the director now directly owns 22,543 shares of the company’s stock, valued at $551,852.64. The disclosure for this purchase can be found here. Company insiders own 2.60% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Juniper Networks by 6.4% during the second quarter. Vanguard Group Inc. now owns 38,434,820 shares of the network equipment provider’s stock worth $1,071,564,000 after buying an additional 2,314,683 shares in the last quarter. Dodge & Cox grew its position in shares of Juniper Networks by 0.4% during the second quarter. Dodge & Cox now owns 17,690,957 shares of the network equipment provider’s stock worth $493,224,000 after buying an additional 74,877 shares in the last quarter. Diamond Hill Capital Management Inc. grew its position in shares of Juniper Networks by 12.2% during the third quarter. Diamond Hill Capital Management Inc. now owns 12,764,160 shares of the network equipment provider’s stock worth $355,227,000 after buying an additional 1,386,036 shares in the last quarter. First Trust Advisors LP grew its position in shares of Juniper Networks by 1.3% during the third quarter. First Trust Advisors LP now owns 7,215,837 shares of the network equipment provider’s stock worth $200,817,000 after buying an additional 91,809 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in shares of Juniper Networks by 25.4% during the third quarter. Bank of New York Mellon Corp now owns 6,784,158 shares of the network equipment provider’s stock worth $188,804,000 after buying an additional 1,375,394 shares in the last quarter. Institutional investors own 90.63% of the company’s stock.

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Juniper Networks Company Profile

Juniper Networks, Inc designs, develops and sells products and services for high-performance networks to enable customers to build networks for their businesses. The Company sells its products in over 100 countries in three geographic regions: Americas; Europe, the Middle East and Africa, and Asia Pacific.

Analyst Recommendations for Juniper Networks (NYSE:JNPR)

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