Impact of Brokerage Rating on CyberArk Software Ltd.(CYBR)

Many CyberArk Software Ltd.(CYBR) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Cyberark Software Ltd was Initiated by Stifel on Feb 14, 2017 to Buy, Price Target of the shares are set at $62.Company shares were Reiterated by Imperial Capital on Feb 13, 2017 to Outperform, Raises Price Target to $ 63 from a previous price target of $55 .

Cyberark Software Ltd Last issued its quarterly earnings results on Feb 9, 2017. The company reported $0.41 EPS for the quarter, beating the analyst consensus estimate by $ 0.08. Analyst had a consensus of $0.33. The company had revenue of $64.36 million for the quarter, compared to analysts expectations of $63.02 million. The companys revenue was up 25.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.39 EPS.

CyberArk Software Ltd. (NASDAQ:CYBR) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 1.47 by 15 Brokerage Firm. 11 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 3 Brokerage Firms have advised hold.

CyberArk Software Ltd. (NASDAQ:CYBR): 12 Analyst have given the stock of CyberArk Software Ltd. (NASDAQ:CYBR) a near short term price target of $59.92. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $3.92. The higher price target estimate is at $65 while the lower price estimates are fixed at $51.

CyberArk Software Ltd. (NASDAQ:CYBR) rose 2.74% or 1.45 points on Tuesday and made its way into the gainers of the day. After trading began at $53.28 the stock was seen hitting $55.0799 as a peak level and $53.28 as the lowest level. The stock ended up at $54.32. The daily volume was measured at 1,072,791 shares. The 52-week high of the share price is $59.28 and the 52-week low is $32.62. The company has a market cap of $1,810 million.

CyberArk Software Ltd. provides information technology security solutions. The Company offers services which protect organizational privileged accounts from cyber-attacks. Its products include CyberArk Shared Technology Platform, Privileged Account Security Solution and Sensitive Information Management Solution. The company offers privileged account security solution consists of enterprise password vault, which provides a tool to manage and protect physical, virtual, or cloud-based assets in an organization; privileged session manager that protects IT assets; and application identity manager, which addresses the challenges of hard-coded, embedded credentials, and cryptographic keys being hijacked and exploited by malicious insiders or external cyber attackers. CyberArk Software Ltd. is headquartered in Petach Tikva, Israel.


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