Adobe Inc. buy Royal Bank of Canada
Start price
18.03.24
/
50%
€471.50
Target price
18.03.25
€579.35
Performance (%)
-5.39%
Price
26.04.24
€446.10
Summary
This prediction is currently active. With a performance of -5.39%, the BUY prediction for Adobe Inc. by Royal_Bank_of_Canada is down slightly. This prediction currently runs until 18.03.25. The prediction end date can be changed by Royal_Bank_of_Canada at any time. Royal_Bank_of_Canada has 50% into this predictionAdobe Inc. is a multinational software company that offers a range of creative, marketing and document management solutions. With a market capitalization of over $280 billion and a presence in more than 30 countries, Adobe is a prominent player in the tech industry. Its flagship products include Photoshop, Illustrator, and Acrobat, which are widely used by creative professionals across the world. Adobe's financial performance has been strong, with consistent revenue growth and solid profitability in recent years, driven by the growth of its cloud-based subscription services. As a result, Adobe is a popular investment choice for those looking for exposure to the technology industry.
Performance without dividends (%)
| Name | 1w | 1m |
|---|---|---|
| Adobe Inc. | 2.188% | 2.188% |
| iShares Core DAX® | 2.594% | -1.158% |
| iShares Nasdaq 100 | 3.553% | -1.727% |
| iShares Nikkei 225® | 0.687% | -8.354% |
| iShares S&P 500 | 2.209% | -0.942% |
Comments by Royal_Bank_of_Canada for this prediction
In the thread Adobe Inc. diskutieren
Adobe Inc. (NASDAQ: ADBE) had its price target lowered by analysts at Royal Bank of Canada from $650.00 to $630.00. They now have an "outperform" rating on the stock.
Ratings data for ADBE provided by MarketBeat