Adobe a favorite stock

It seems Adobe 's stock trades with a discount. Most of the analysts say the stock Adobe is cheap now. At this moment 13 analysts follow the company. The recommendations spread over: no sells, 1 times hold and no buys. The average of the current target prices for the stock equals 292,38 USD. This is around 17 percent more than the current price of 250,89 USD.

Nomura Securities, Barclays and ABN AMRO recently provided recommendations for the stock.

Fair values for Adobe vary a lot

equity research

Adobe 's market capitalization is based on the number of outstanding shares around 124 billion USD. The Adobe stock was the past 12 months quite unstable. Since last December the stock is even 40 percent higher. This year the stock price moved between 166 and 278 dollar. Since 2008 the stock price is almost 1013 percent higher.

Historical stock prices Adobe

stock prices adobe

On Friday, the stock closed at 250,89 USD.

Analist.nl Nieuwsdienst: +31 084-0032-842
nieuws@analist.nl

Copyright analist.nl B.V.
All rights reserved. Any redistribution, duplication or archiving prohibited. Analist.nl doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.