Jefferies Financial Group reissued their buy rating on shares of Darktrace (LON:DARK - Free Report) in a research note published on Friday morning, MarketBeat.com reports. Jefferies Financial Group currently has a GBX 890 ($11.26) price objective on the stock.
A number of other research analysts also recently issued reports on DARK. Numis Securities restated a buy rating and set a GBX 520 ($6.58) price target on shares of Darktrace in a research note on Thursday. Berenberg Bank raised their target price on shares of Darktrace from GBX 600 ($7.59) to GBX 630 ($7.97) and gave the stock a buy rating in a research report on Thursday.
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Darktrace Stock Down 0.6 %
LON DARK traded down GBX 2.80 ($0.04) on Friday, hitting GBX 459.30 ($5.81). 1,198,913 shares of the stock were exchanged, compared to its average volume of 2,529,552. Darktrace has a fifty-two week low of GBX 237.29 ($3.00) and a fifty-two week high of GBX 501.60 ($6.35). The company has a 50-day moving average price of GBX 397.66 and a 200-day moving average price of GBX 372.23. The company has a quick ratio of 1.43, a current ratio of 1.42 and a debt-to-equity ratio of 19.89. The company has a market cap of £3.22 billion, a PE ratio of 3,533.08 and a beta of 0.74.
Insider Activity at Darktrace
In other news, insider Poppy Gustafsson sold 150,000 shares of Darktrace stock in a transaction on Monday, March 18th. The stock was sold at an average price of GBX 468 ($5.92), for a total transaction of £702,000 ($888,495.13). 50.04% of the stock is currently owned by company insiders.
About Darktrace
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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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