Should You Buy Citrix Systems, Inc. (NASDAQ:CTXS) On Current Analyst Views?

James Marshall
August 24, 2017

RBC Capital Markets maintained Citrix Systems, Inc. The stock rose 0.21% or $0.16 reaching $74.87 per share.

Citrix Systems, Inc. had its "neutral" rating reiterated by analysts at BTIG Research.

Citrix Systems (NASDAQ:CTXS) last issued its quarterly earnings results on Wednesday, August 2nd. It has outperformed by 9.72% the S&P500.

Adams Express Company increased Webster Finl Corp Conn (WBS) stake by 123.71% reported in 2016Q4 SEC filing. The stock rose 0.48% or $0.36 reaching $75.07. Eaton Corp Plc Ordinary now has $31.67B valuation. About 625,688 shares traded. Antero Resources Corp (NYSE:AR) has declined 15.15% since August 23, 2016 and is downtrending.

04/27/2017 - Citrix Systems, Inc. had its "underperform" rating reiterated by analysts at Jefferies. Of the 24 analysts surveyed by Reuters that track CTXS 12 of them rate its stock a hold. Therefore 45% are positive. MKM Partners raised their target price on Citrix Systems from $95.00 to $105.00 and gave the stock a "buy" rating in a research report on Tuesday, April 25th. The company was maintained on Thursday, April 21 by M Partners. The stock has "Outperform" rating by Barclays Capital on Thursday, October 22. The rating was downgraded by Robert W. Baird on Thursday, March 10 to "Neutral". Schroder Investment Management Group raised its position in shares of Citrix Systems by 224.0% in the first quarter. (NASDAQ:CTXS) has "Neutral" rating given on Thursday, July 21 by Mizuho. (NASDAQ:CTXS) has "Buy" rating given on Thursday, October 22 by Needham.

Investors sentiment is 0.77 in Q4 2016. Its the same as in 2016Q3.

These funds have also shifted positions in (CTXS). Royal Bank Of Canada reissued a "hold" rating and issued a $85.00 target price on shares of Citrix Systems in a research report on Monday, July 31st. First Manhattan Co, New York-based fund reported 14 shares. Cibc World Mkts Corporation reported 1.47 million shares. DEMO MURRAY J also sold $79,470 worth of Citrix Systems, Inc.

Among 2 analysts covering CYREN (NASDAQ:CYRN), 2 have Buy rating, 0 Sell and 0 Hold. (NASDAQ:CTXS). Rdl Fincl invested in 36,327 shares. Ellington Grp Lc reported 0.13% of its portfolio in Citrix Systems, Inc. Bridgewater Assocs LP accumulated 13,400 shares. The institutional investor held 3,945 shares of the technology company at the end of 2016Q4, valued at $352,000, up from 55 at the end of the previous reported quarter. Fifth Third Natl Bank has 1,619 shares. Janney Montgomery Scott Limited Liability holds 0.03% in Citrix Systems, Inc. Citrix Systems earned a coverage optimism score of 0.24 on Accern's scale. Fortaleza Asset Mngmt, Illinois-based fund reported 3,945 shares.

Since February 28, 2017, it had 0 insider buys, and 4 insider sales for $1.53 million activity. Shares for $1.22M were sold by Minahan Timothy A. on Monday, March 13.

03/14/2017 - Citrix Systems, Inc. had its "outperform" rating reiterated by analysts at Mizuho. Its down 0.19, from 1.44 in 2016Q3. It improved, as 55 investors sold ETN shares while 253 reduced holdings. Its down 69.61% from 487,700 shares previously. The average 1-year price target for (D) reveals an average price target of $80.13 per share. 2,300 were accumulated by Oakbrook Invs Ltd Limited Liability Company. Boston Private Wealth Limited Liability Com owns 40,397 shares. Raging Ltd Liability Company stated it has 758,816 shares. Similarly, investors look up the share price over 12 month periods. Hartford Fin Mngmt holds 1.23% or 38,353 shares in its portfolio. Oregon Pub Employees Retirement Fund, a Oregon-based fund reported 16,270 shares. Raymond James Financial Serv Advsrs has 4,536 shares.

Anchorage Capital Group Llc decreased its stake in Travelport Worldwide Ltd (TVPT) by 43.65% based on its latest 2016Q4 regulatory filing with the SEC. As of the end of the quarter Toronto Dominion Bank had sold 1,401 shares trimming its holdings by 82.1%. Dodge Cox holds 8,026 shares or 0% of its portfolio. The Q4 2017 consensus earnings estimates for the company have stabilized at US$1.6 per share. Inovalon Hldgs Inc Com Cl A was raised too. Therefore 50% are positive. Ci Investments invested 0.01% in Citrix Systems, Inc. The firm has "Sector Perform" rating by RBC Capital Markets given on Monday, January 25. Suntrust Robinson downgraded the shares of AR in report on Tuesday, February 2 to "Reduce" rating. On Friday, April 1 the stock rating was upgraded by Evercore to "Buy". The rating was upgraded by JP Morgan to "Overweight" on Friday, December 9. The firm has "Market Perform" rating by William Blair given on Thursday, August 20. As per Tuesday, September 8, the company rating was upgraded by Zacks. The company was maintained on Wednesday, November 18 by Oppenheimer.

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