Radware (NASDAQ:RDWR) received a $30.00 price objective from research analysts at Oppenheimer in a research report issued to clients and investors on Wednesday. The brokerage currently has a “buy” rating on the information technology services provider’s stock. Oppenheimer’s price target would indicate a potential upside of 23.41% from the company’s current price.
RDWR has been the topic of a number of other research reports. BidaskClub raised shares of Radware from a “sell” rating to a “hold” rating in a report on Saturday, September 29th. Zacks Investment Research raised shares of Radware from a “hold” rating to a “strong-buy” rating and set a $30.00 price objective on the stock in a report on Saturday, August 4th. Finally, Barclays reaffirmed a “buy” rating and issued a $30.00 price objective on shares of Radware in a report on Thursday, August 2nd. One analyst has rated the stock with a sell rating, one has assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $28.40.
Shares of RDWR stock traded up $0.64 during trading hours on Wednesday, reaching $24.31. The stock had a trading volume of 289,932 shares, compared to its average volume of 178,200. Radware has a twelve month low of $18.00 and a twelve month high of $28.50. The stock has a market cap of $1.04 billion, a PE ratio of -202.58, a price-to-earnings-growth ratio of 8.48 and a beta of 1.09.
Radware Company Profile
Radware Ltd. develops, manufactures, and markets cyber security and application delivery solutions for applications in virtual, cloud, and software defined data centers worldwide. The company offers application and network security solutions, such as DefensePro, a real-time network attack prevention device; AppWall, a Web application firewall; and DefenseFlow, a cyber-command and control application.
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