Darktrace (LON:DARK) Receives “Buy” Rating from Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of Darktrace (LON:DARK) in a report issued on Friday, MarketBeat Ratings reports. They currently have a GBX 890 ($11.08) price target on the stock.

A number of other research analysts have also commented on DARK. Numis Securities restated a buy rating and set a GBX 520 ($6.47) price target on shares of Darktrace in a research report on Thursday, April 11th. Berenberg Bank upped their price target on shares of Darktrace from GBX 600 ($7.47) to GBX 630 ($7.84) and gave the company a buy rating in a research report on Thursday, April 11th.

Darktrace Trading Down 0.4 %

LON:DARK opened at GBX 457.40 ($5.69) on Friday. The company has a current ratio of 1.42, a quick ratio of 1.43 and a debt-to-equity ratio of 19.89. The stock has a market capitalization of £3.20 billion, a PE ratio of 3,518.46 and a beta of 0.74. The firm’s 50 day moving average is GBX 402.33 and its 200 day moving average is GBX 372.27. Darktrace has a 12 month low of GBX 251.90 ($3.14) and a 12 month high of GBX 501.60 ($6.24).

Insider Activity

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 shares were sold at an average price of GBX 468 ($5.83), for a total value of £702,000 ($873,895.18). Corporate insiders own 50.04% of the company’s stock.

Darktrace Company Profile

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.