Wedbush analyst Daniel Ives maintained a Buy rating on Check Point (CHKP) today and set a price target of $125.00. The company’s shares closed last Monday at $107.02.
According to TipRanks.com, Ives is a 4-star analyst with an average return of 4.9% and a 55.0% success rate. Ives covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Nuance Communications, and Palo Alto Networks.
The word on The Street in general, suggests a Hold analyst consensus rating for Check Point with a $111.53 average price target, representing a 2.3% upside. In a report issued on April 24, Oppenheimer also maintained a Buy rating on the stock with a $126.00 price target.
See today’s analyst top recommended stocks >>
Check Point’s market cap is currently $14.92B and has a P/E ratio of 19.20. The company has a Price to Book ratio of 5.87.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Check Point Software Technologies Ltd. engages in the development and market of software and hardware solutions for information technology security. The company products include threat prevention, next generation firewalls, mobile security, and security management. Its solutions cater to the following: point of sale systems, automated teller machines, private and public cloud, and telecommunications providers. The company was founded by Gil Shwed, Marius Nacht, and Shlomo Kramer in July 1993 and is headquartered in Tel Aviv, Israel.
Read More on CHKP:
