Cyberark Software (NASDAQ:CYBR) was downgraded by stock analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a report released on Wednesday.
Several other equities analysts also recently commented on CYBR. Monness Crespi & Hardt began coverage on Cyberark Software in a research report on Monday, December 18th. They issued a “neutral” rating on the stock. Needham & Company LLC reaffirmed a “buy” rating and issued a $55.00 price objective on shares of Cyberark Software in a research report on Tuesday, September 12th. Piper Jaffray Companies set a $47.00 price objective on Cyberark Software and gave the company a “buy” rating in a research report on Monday, October 16th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $55.00 price objective on shares of Cyberark Software in a research report on Friday, November 3rd. Finally, Zacks Investment Research cut Cyberark Software from a “hold” rating to a “sell” rating in a report on Thursday, September 21st. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $49.69.
Shares of Cyberark Software (NASDAQ:CYBR) traded up $0.23 during trading on Wednesday, reaching $42.09. The company’s stock had a trading volume of 411,820 shares, compared to its average volume of 615,567. The company has a market cap of $1,457.06, a P/E ratio of 66.81, a PEG ratio of 3.44 and a beta of 2.59. Cyberark Software has a 12 month low of $39.34 and a 12 month high of $55.65.
COPYRIGHT VIOLATION NOTICE: “BidaskClub Downgrades Cyberark Software (CYBR) to Strong Sell” was first published by Community Financial News and is the property of of Community Financial News. If you are viewing this piece on another domain, it was stolen and reposted in violation of United States & international copyright and trademark legislation. The original version of this piece can be accessed at https://www.com-unik.info/2017/12/27/bidaskclub-downgrades-cyberark-software-cybr-to-strong-sell.html.
About Cyberark Software
CyberArk Software Ltd is an Israel-based provider of information technology (IT) security solutions that protects organizations from cyber-attacks. The Company’s software solutions are focused on protecting privileged accounts, which have become a critical target in the lifecycle of cyber-attacks. The Company’s Privileged Account Security Solution consists of various products, such as Shares Technology Platform, Enterprise Password Vault, SSH Key Manager, Privileged Session Manager, Privileged Threat Analytics, Application Identity Manager, CyberArk-Conjur, Endpoint Privilege Manager and On-Demand Privileges Manager.
What are top analysts saying about Cyberark Software? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Cyberark Software and related companies.