CADENCE DESIGN SYS INC (CDS.DE) Stock Analyst Ratings
Europe - Frankfurt Stock Exchange - FRA:CDS - US1273871087 - Common Stock
266.3 EUR
+0.75 (+0.28%)
ChartMill assigns a Buy % Consensus number of 82% to CDS.DE. The Buy consensus is the weighted average rating of the current analysts ratings.
- Analysts have set a mean price target forecast of 334.6. This target is 25.65% above the current price.
- CDS.DE was analyzed by 32 analysts. The buy percentage consensus is at 82. So analysts seem to be very confident about CDS.DE.
- In the previous month the buy percentage consensus was at a similar level.
- CDS.DE was analyzed by 32 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2021-07-27 | Keybanc | Maintains | Overweight |
| 2021-06-25 | Rosenblatt | Initiate | Buy |
| 2021-04-20 | Wells Fargo | Maintains | Overweight |
| 2021-02-23 | Needham | Maintains | Buy |
| 2021-02-23 | RBC Capital | Maintains | Outperform |
| 2021-02-23 | Credit Suisse | Maintains | Neutral |
| 2021-02-22 | Credit Suisse | Maintains | Neutral |
| 2021-02-16 | Keybanc | Maintains | Overweight |
| 2021-02-10 | Wells Fargo | Maintains | Overweight |
CADENCE DESIGN SYS INC / CDS.DE FAQ
Can you provide the average price target for CADENCE DESIGN SYS INC stock?
32 analysts have analysed CDS.DE and the average price target is 334.6 EUR. This implies a price increase of 25.65% is expected in the next year compared to the current price of 266.3.
What is the consensus rating for CDS stock?
The consensus rating for CADENCE DESIGN SYS INC (CDS.DE) is 81.875 / 100 . This indicates that analysts generally have a positive outlook on the stock.
Can you provide the analyst count for CADENCE DESIGN SYS INC stock?
The number of analysts covering CADENCE DESIGN SYS INC (CDS.DE) is 32.