BTIG analyst Gray Powell maintained a Hold rating on Rapid7 (RPD – Research Report) on January 5. The company’s shares closed last Friday at $51.46.
Powell covers the Technology sector, focusing on stocks such as Palo Alto Networks, A10 Networks, and Okta. According to TipRanks, Powell has an average return of 8.1% and a 51.85% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rapid7 with a $57.08 average price target, which is a 10.92% upside from current levels. In a report released on January 4, Barclays also maintained a Hold rating on the stock with a $58.00 price target.
See today’s best-performing stocks on TipRanks >>
The company has a one-year high of $60.15 and a one-year low of $32.30. Currently, Rapid7 has an average volume of 741.1K.
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RPD in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Rapid7 (RPD) Company Description:
Rapid7, Inc. engages in the provision of cyber security analytics and automation services. Its product includes insight platform, which offers InsightVM, InsightIDR, InsightAppSec, and InsightConnect. The company was founded by Alan P. Matthews, Tas Giakouminakis and Chad Loder in July 2000 and is headquartered in Boston, MA.
Read More on RPD:
