In a report released today, Robert Breza from Northland Securities maintained a Hold rating on Check Point (CHKP), with a price target of $120. The company’s shares closed on Thursday at $119.99.
According to TipRanks.com, Breza is a 5-star analyst with an average return of 12.4% and a 60.7% success rate. Breza covers the Technology sector, focusing on stocks such as Coupa Software Inc, MobileIron, Inc., and Salesforce.com.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Check Point with a $124.82 average price target, representing a 4.0% upside. In a report issued on April 15, Deutsche Bank also maintained a Hold rating on the stock with a $125 price target.
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Check Point’s market cap is currently $18.74B and has a P/E ratio of 22.87. The company has a Price to Book ratio of 5.16.
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Check Point Software Technologies Ltd. engages in the development and market of software and hardware solutions for information technology security. Its products include threat prevention, next generation firewalls, mobile security, and security management.
