Robert W. Baird Sticks to Its Hold Rating for CyberArk Software (CYBR)
Robert W. Baird analyst Jonathan Ruykhaver maintained a Hold rating on CyberArk Software (CYBR) today and set a price target of $120.00. The company’s shares closed last Tuesday at $112.45.
According to TipRanks.com, Ruykhaver is a 5-star analyst with an average return of 23.1% and a 69.0% success rate. Ruykhaver covers the Technology sector, focusing on stocks such as Forescout Technologies, Ping Identity Holding, and CrowdStrike Holdings.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CyberArk Software with a $114.42 average price target.
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CyberArk Software’s market cap is currently $4.64B and has a P/E ratio of 89.30. The company has a Price to Book ratio of 8.20.
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CyberArk Software Ltd. engages in the development, market, and sale of access security software solutions. It operates through the following geographical segments: United States; Israel; United Kingdom; Europe, the Middle East and Africa; and Other. Its products include core privileged access security, application identity and endpoint privilege manager, and Conjur. The company was founded by Udi Mokady and Alon N. Cohen in 1999 and is headquartered in Petach Tikva, Israel.