Symantec Corp. (NASDAQ:SYMC) had its price target increased by JPMorgan Cazenove from $30.00 to $33.00 in a research report sent to investors on Thursday morning, AnalystRatingsNetwork.com reports. The firm currently has an overweight rating on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at JMP Securities raised their price target on shares of Symantec Corp. from $26.00 to $29.00 in a research note to investors on Thursday. Separately, analysts at Credit Suisse raised their price target on shares of Symantec Corp. from $27.50 to $30.00 in a research note to investors on Thursday. They now have an outperform rating on the stock. Finally, analysts at B. Riley raised their price target on shares of Symantec Corp. from $27.00 to $30.00 in a research note to investors on Thursday. They now have a buy rating on the stock.
Ten analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus price target of $26.55.
Shares of Symantec Corp. (NASDAQ:SYMC) traded up 0.45% during mid-day trading on Thursday, hitting $26.64. Symantec Corp. has a one year low of $16.42 and a one year high of $26.89. The stock’s 50-day moving average is currently $23.46. The company has a market cap of $18.568 billion and a P/E ratio of 24.53.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, September 18th. Shareholders of record on Monday, August 26th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.26%. The ex-dividend date of this dividend is Thursday, August 22nd.
Symantec Corporation is a global provider of security, storage, and systems management solutions that help businesses and consumers secure and manage their information.
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