Check Point Software Technologies Ltd. (NASDAQ:CHKP)‘s stock had its “hold” rating reaffirmed by equities research analysts at Stifel Nicolaus in a research note issued on Friday, November 3rd. They currently have a $100.00 price objective on the technology company’s stock. Stifel Nicolaus’ target price would suggest a potential downside of 3.49% from the company’s previous close.
Several other equities analysts have also commented on CHKP. BidaskClub upgraded Check Point Software Technologies from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, July 12th. BMO Capital Markets reiterated a “market perform” rating and issued a $115.00 target price (down previously from $117.00) on shares of Check Point Software Technologies in a research note on Friday, July 21st. Piper Jaffray Companies lowered Check Point Software Technologies from an “overweight” rating to a “neutral” rating and cut their target price for the company from $116.00 to $108.00 in a research note on Friday, July 21st. Citigroup Inc. lifted their target price on Check Point Software Technologies from $111.00 to $112.00 and gave the company a “neutral” rating in a research note on Friday, July 21st. Finally, Cowen and Company reiterated a “buy” rating and issued a $113.00 target price on shares of Check Point Software Technologies in a research note on Friday, July 21st. Twenty research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $113.60.
Check Point Software Technologies (CHKP) traded down $0.33 during mid-day trading on Friday, reaching $103.62. The company’s stock had a trading volume of 867,206 shares, compared to its average volume of 1,135,917. The stock has a market capitalization of $17,200.00, a price-to-earnings ratio of 21.68, a price-to-earnings-growth ratio of 2.21 and a beta of 0.67. Check Point Software Technologies has a twelve month low of $80.78 and a twelve month high of $119.20.
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About Check Point Software Technologies
Check Point Software Technologies Ltd. (Check point) develops, markets and supports a range of products and services for information technology (IT) security. The Company’s products and services are sold to enterprises, service providers, small and medium sized businesses and consumers. It offers enterprises a platform to deploy independent, modular and interoperable security applications (Software Blades), such as firewall, virtual private network (VPN), intrusion prevention system (IPS), Application Control, Anti-Bot, antivirus, data loss prevention (DLP), policy management, event analysis or multi-domain management.
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