The shares of ADBE have been given a rating of buy by around twenty-six different analysts that have been covering the firm, as reported by MarketBeat. One of the investment analysts has already issued it with a rating of sell, while four of them have given it a rating of hold. Twenty-one analysts have given the stocks of the company a rating of buy. Currently, the company enjoys a price target of $531.04, calculated over a period of a year.
The Stock Commentary of ADBE
There have been quite a few research equities that have commented on the stocks of ADBE. Griffin Securities has already prescribed it with a rating of buy, with a price target of $597 in a 3rd March research report. Stifel Nicolaus has given the company a rating of buy in a research report published on the 15th of January.
Oppenheimer has also provided the stocks of ADBE with a price target of $550, along with a buy rating. BMO Capital markets have increased the price target of the company from a sum of $560 to a sum of $570, along with a price rating of outperform in an 11th December research report. In the end, Wedbush has been one of the foremost companies to issue the software company with a rating of neutral.
The stocks of ADBE traded on Thursday at $437.01. The market cap of the firm is $209.64 billion, with a 40.31 PE ratio. The PEG ratio of the company is 2.55, with a 0.97 beta. The company enjoys a 1.44 quick ratio, with a 1.48 current ratio.
The debt-to-equity ratio of ADBE is 0.31. The moving average price of the company over a period of 50 days is $472.39, and the moving average price of the company over 200 days is $480.96. The year low of the company is $255.13, while the year high of ADBE is $536.88.
