CyberArk Software Ltd. (CYBR) : 13 analysts are covering CyberArk Software Ltd. (CYBR) and their average rating on the stock is 1.38, which is read as a Strong Buy. 10 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. CyberArk Software Ltd. (CYBR) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
CyberArk Software Ltd. (CYBR) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $62 and the lowest price target forecast is $55. The average forecast of all the analysts is $59 and the expected standard deviation is $2.31.
For the current week, the company shares have a recommendation consensus of Buy. Also, Deutsche Bank maintains their rating on the shares of CyberArk Software Ltd. (NASDAQ:CYBR). The current rating of the shares is Buy. Equity Analysts at the Firm raises the price target to $60 per share from $50 per share. The rating by the firm was issued on August 10, 2016.
CyberArk Software Ltd. (NASDAQ:CYBR): stock was range-bound between the intraday low of $56.06 and the intraday high of $59.28 after having opened at $58 on Wednesdays session. The stock finally closed in the red at $58, a loss of -1.03%. The stock remained in the red for the whole trading day. The total traded volume was 1,090,493 shares. The stock failed to cross $59.28 in Wednesdays trading. The stocks closing price on Thursday was $57.47.
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.