Rubrik, Inc. (NYSE:RBRK) Given Average Recommendation of “Buy” by Brokerages

Rubrik, Inc. (NYSE:RBRK) has earned a consensus rating of “Buy” from the thirteen ratings firms that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $44.92.

A number of brokerages have recently issued reports on RBRK. Deutsche Bank Aktiengesellschaft began coverage on Rubrik in a report on Monday, May 20th. They issued a “buy” rating and a $42.00 price target on the stock. Barclays began coverage on Rubrik in a report on Monday, May 20th. They issued an “overweight” rating and a $41.00 price target on the stock. Wells Fargo & Company began coverage on Rubrik in a report on Monday, May 20th. They issued an “overweight” rating and a $42.00 price target on the stock. Capital One Financial began coverage on Rubrik in a report on Monday, May 20th. They issued an “overweight” rating and a $42.00 price target on the stock. Finally, KeyCorp assumed coverage on Rubrik in a report on Monday, May 20th. They issued an “overweight” rating and a $46.00 price target on the stock.

Rubrik Stock Up 2.4 %

Shares of NYSE RBRK opened at $33.56 on Monday. Rubrik has a twelve month low of $31.96 and a twelve month high of $40.00.

Rubrik Company Profile

Rubrik, Inc provides data security solutions to individuals and businesses worldwide. The company offers enterprise data protection, unstructured data protection, cloud data protection, and SaaS data protection solutions; data threat analytics; data security posture; and cyber recovery solutions. It serves financial, retail, trade, transportation, energy, industrial, healthcare and life science, education, technology, media, communications, and public sectors.