Juniper Networks, Inc. (NYSE:JNPR) Receives Analyst Coverage


Dallas, Texas 04/24/2014 (FINANCIALSTRENDS) –  Juniper Networks, Inc. (NYSE:JNPR) has since received a neutral rating, by Credit Sussie. The price target for this stock is $28.00 set by Credit Sussie, suggesting an upside of 8.15% at the current price.

Juniper Networks, Inc.(NYSE:JNPR) has received coverage from other analysts as well. In recently issued reports, analysts Cantor Fitzgerald have cut their price target from the higher $37.00 to the current $32.00. this analyst too has a Buy rating on the stock.

Juniper Networks, Inc.(NYSE:JNPR) has received research note from SunTrust and has been covering share prices with buy rating. According to these analysts, the price target is $30.00 per stock. Juniper now has coverage with one sell rating as well as fourteen of whom who have a hold rating. The Average rating for the company is ‘buy’ with the average price target fixed at $27.87.

Juniper Networks, Inc.(NYSE:JNPR) has a market capital of $12.31 billion and profit to earnings ratio reaching 27.34.  EPS for the stock is 0.91. Outstanding shares for the stock are 495.20 million shares. Beta is 2.13.

Juniper Networks, Inc.(NYSE:JNPR) was found to have infra-day trading range of $24.45 and $25.41 per share. It also reported 52 week trading range of low point of $15.62 and high of $28.75. The stock prices opened, in the previous trading session at 25.40 per share.

Juniper Networks, Inc.(NYSE:JNPR)  with the announcement of its quarterly earnings report has indicated an earnings of $0.9 per share, EPS in the past quarter. Therefore, the consensus estimate for this stock is $0.29.

The networks have now been developing, designing as well as selling products besides services for network infrastructure.

Juniper’s earnings results are indicative of the company’s high potential in the next quarters. Therefore, analyst coverage does provide justice and the intended price target for the stock too growth and upside with immense potential.