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About 20% of Analysts Recommend a ‘Buy’ for Juniper in June

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Stock returns for Juniper Networks

Juniper Networks (JNPR) stock has returned -6.0% in the last 12 months, 5.8% in the last month, and 3.0% in the last five days. It rose 44.0% in 2016 and then rose just 2.3% in 2017. 

Juniper Networks stock has declined more than 3.7% year-to-date. Comparatively, the S&P 500 (SPY) and the Invesco QQQ Trust ETF (QQQ) have generated returns of 2.0% and 9.4%, respectively, in 2018. 

Analysts’ recommendations and price targets

Of the 30 analysts tracking Juniper stock, five have recommended a “buy,” and 20 have recommended a “hold.” There are five “sell” recommendations. 

Analysts’ 12-month average price target for Juniper is $26.33, and the median estimate is $26.00. Juniper is trading at a premium of 5.2% to its median analyst estimates.

Moving averages

On June 7, Juniper stock closed at $27.43. Based on that price, the stock is trading as follows:

  • 5.7% above its 100-day moving average of $25.95
  • 7.2% above its 50-day moving average of $25.60
  • 1.8% above its 20-day moving average of $26.95

Technical indicators

Juniper’s 14-day MACD (moving average convergence divergence) is 0.46. MACD is the difference between a stock’s short-term and long-term moving averages. Juniper’s positive MACD indicates an upward trading trend.

Juniper has a 14-day RSI (relative strength index) score of 65, which shows that the stock is trading close to oversold territory. An RSI score above 70 indicates that a stock has been overbought, while an RSI score below 30 suggests that it has been oversold.

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