CyberArk Software Ltd. (CYBR) : The consensus on CyberArk Software Ltd. (CYBR) based on 13 analyst recommendation on the company stock is 1.38, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 10 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
CyberArk Software Ltd. (CYBR) : The highest short term price target forecast on CyberArk Software Ltd. (CYBR) is $60 and the lowest target price is $42. A total of 8 equity analysts are currently covering the company. The average price of all the analysts is $49.5 with a standard deviation of $5.95.
CyberArk Software Ltd. (NASDAQ:CYBR): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $48.97 and $48.97 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $50.53. The buying momentum continued till the end and the stock did not give up its gains. It closed at $50.21, notching a gain of 1.64% for the day. The total traded volume was 701,581 . The stock had closed at $49.40 on the previous day.
Also, Equity Analysts at the Brokerage Firm, Summit Redstone Partners, assumes their rating on the shares of CyberArk Software Ltd. (NASDAQ:CYBR). Summit Redstone Partners has a Buy rating on the shares. As per the latest report, the brokerage house announces the price target to $55 per share. The rating by the firm was issued on June 29, 2016. The company shares have dropped -13.30% from its 1 Year high price. On Aug 10, 2015, the shares registered one year high at $64.30 and the one year low was seen on Feb 12, 2016. The 50-Day Moving Average price is $46.19 and the 200 Day Moving Average price is recorded at $42.09.
Cyberark Software Ltd is an Israel-based security company. The Companys provides information technology security solutions that protect organizations from cyber attacks. The Companys products include CyberArk Shared Technology Platform, Privileged Account Security Solution and Sensitive Information Management Solution. It offers Privileged Account Security Solution, a solution to protect, monitor, detect, alert, and respond to privileged accounts. The company also provides Enterprise Class Integration for devices, networks, applications, and servers. Its CyberArk Privileged Session Manager that isolates, controls, and monitors privileged user access and activities. Its CyberArk Sensitive Information Management Solution, a platform for sharing and distributing information to users across systems using Web, desktop, mobile, and email.