The stocks of ADBE have been given a rating of buy by twenty-seven different analysts that have commented on the stocks of the company. One of the individual analysts has already given the company a rating of sell, while five others have provided them with a rating of hold. Twenty-one other analysts have given the company a rating of buy. Currently, the price target of the company over a period of a year is $548.91.
The Stock Commentary Of ADBE
There have been quite a few companies that have commented on the stocks of ADBE. The Bank of America has already put up a rating of buy with a price target of $570 in a 14th April research report. UBS Group has also reiterated its rating of buy in an 8th April research report. Wedbush has set a price target of $510 with a rating of neutral in a 3rd February research report.
Guggenheim has reaffirmed its rating of hold in a 22nd April research report. In the end, The Goldman Sachs Group has also reaffirmed its rating of neutral with a price target of $523 in a 3rd March research report.
The stocks of ADBE traded on Tuesday at $497.83. The debt-to-equity ratio of the company was 0.30, with a 1.27 quick ratio and a 1.27 current ratio. The market cap of the firm was $237.96 billion, with a 43.33 PE ratio, and a 2.69 PEG ratio. The year low of the company was $361.44, with a year high of $536.88. The moving average price of the company over 50 days is $499.79, with the moving average price of the company over a period of 200 days is $480.43.
ADBE previously updated its quarterly reports on the 22nd of March. The EPS reported by the company during this period was $3.14, which was more than the consensus estimate of $2.79. The revenue generated by the company is $3.91 billion, with a consensus estimate of $3.76 billion.
