Darktrace (LON:DARK – Get Free Report)‘s stock had its “buy” rating reiterated by analysts at Jefferies Financial Group in a report issued on Friday, Digital Look reports. They currently have a GBX 890 ($11.26) price objective on the stock. Jefferies Financial Group’s target price indicates a potential upside of 93.77% from the company’s current price.
Other analysts have also recently issued reports about the company. Numis Securities reissued a “buy” rating and issued a GBX 520 ($6.58) target price on shares of Darktrace in a research report on Thursday. Berenberg Bank upped their target price on Darktrace from GBX 600 ($7.59) to GBX 630 ($7.97) and gave the company a “buy” rating in a research report on Thursday.
Check Out Our Latest Stock Analysis on Darktrace
Darktrace Stock Down 0.6 %
Insider Activity at Darktrace
In related news, insider Poppy Gustafsson sold 150,000 shares of the firm’s stock in a transaction that occurred on Monday, March 18th. The stock was sold at an average price of GBX 468 ($5.92), for a total value of £702,000 ($888,495.13). 50.04% of the stock is currently owned by company insiders.
About Darktrace
Darktrace plc, together with its subsidiaries, engages in the development and sale of cyber-threat defense technology solutions in the United Kingdom, the United States, Europe, and internationally. Its products include Darktrace PREVENT, an attack surface management that continuously monitors attack surface for risks, high-impact vulnerabilities, and external threats; and Darktrace DETECT, which analyzes thousands of metrics to reveal subtle deviations that may signal an evolving threat, including unknown techniques and novel malware, as well as installs in minutes, identifies threats, and avoids disruption.
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