In a report issued on May 1, Matthew Hedberg from RBC Capital maintained a Buy rating on Ping Identity Holding (PING), with a price target of $27.00. The company’s shares closed last Friday at $23.16.
According to TipRanks.com, Hedberg is a top 100 analyst with an average return of 18.6% and a 68.8% success rate. Hedberg covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, CrowdStrike Holdings, and Palo Alto Networks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ping Identity Holding with a $25.60 average price target.
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The company has a one-year high of $29.80 and a one-year low of $12.03. Currently, Ping Identity Holding has an average volume of 685.3K.
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Ping Identity Holding Corp. engages in pioneering intelligent identity. It enables secure access to service, application or application programming interface from device. The company operates a platform that can leverage artificial intelligence and machine learning to analyse device, network, application and user behaviour data to make real-time authentication and security control decisions. The company was founded in 2003 and is headquartered in Denver, CO.
