Colliers Securities Thinks Tufin Software Technologies’ Stock is Going to Recover


Colliers Securities analyst Catharine Trebnick reiterated a Buy rating on Tufin Software Technologies (TUFN) today and set a price target of $15.00. The company’s shares closed last Thursday at $7.72, close to its 52-week low of $6.34.

According to TipRanks.com, Trebnick is a 3-star analyst with an average return of 5.3% and a 40.3% success rate. Trebnick covers the Technology sector, focusing on stocks such as Ping Identity Holding, Palo Alto Networks, and CyberArk Software.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tufin Software Technologies with a $13.67 average price target.

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Tufin Software Technologies’ market cap is currently $309.8M and has a P/E ratio of -8.70. The company has a Price to Book ratio of 4.18.

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Tufin Software Technologies Ltd. engages in the provision of policy-centric approach to security and IT operations. It transforms enterprise security operations by helping them visualize, define and enforce a security policy across complex, heterogeneous information technology and cloud environments. Its products include SecureTrack, SecureChange, SecureApp, Orca and Iris. The company was founded by Ruvi Kitov and Reuven Harrison in 2005 and is headquartered in Ramat Gan, Israel.

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