BMO Capital analyst Keith Bachman maintained a Hold rating on Check Point on Friday, setting a price target of $140, which is approximately 17.06% above the present share price of $119.6.
Bachman expects Check Point to post earnings per share (EPS) of $1.39 for the fourth quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Moderate Sell rating of shares in Check Point, with an average price target of $125.5.
The analysts price targets range from a high of $140 to a low of $110.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $526.1 million and a net profit of $222.3 million. The company's market cap is $15.88 billion.
According to TipRanks.com, BMO Capital analyst Keith Bachman is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 17.9% and a 67.44% success rate.
Check Point Software Technologies (NASDAQ:CHKP) Ltd. engages in the development and market of software and hardware solutions for information technology security. The company products include threat prevention, next generation firewalls, mobile security, and security management. Its solutions cater to the following: point of sale systems, automated teller machines, private and public cloud, and telecommunications providers. The company was founded by Gil Shwed, Marius Nacht, and Shlomo Kramer in July 1993 and is headquartered in Tel Aviv, Israel.