Oppenheimer analyst Shaul Eyal maintained a Buy rating on Radware (RDWR) today and set a price target of $27.00. The company’s shares closed last Wednesday at $23.75.
According to TipRanks.com, Eyal is a top 100 analyst with an average return of 21.4% and a 68.4% success rate. Eyal covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Nuance Communications, and Ping Identity Holding.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Radware with a $27.00 average price target.
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Radware’s market cap is currently $1.05B and has a P/E ratio of 60.00. The company has a Price to Book ratio of 2.65.
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Radware Ltd. engages in the provision of application delivery and cyber security solutions for virtual, cloud, and software defined data centers. Its products include application and network security, and application delivery. The application and network security offers real-time network and application attack mitigation solution that protects the application infrastructure against network and application downtime, application vulnerability exploitation, malware spread, information theft, web service attacks, and web defacement. The application delivery is designed to simplify operations while ensuring business applications resilience and application service level agreement. The company was founded by Yehuda Zisapel and Roy Zisapel on May 16, 1996 and is headquartered in Tel Aviv, Israel.
