Where Does Wall Street Think Check Point Software Technologies Ltd. (CHKP) Stock Will Go?

InvestorsObserver is giving Check Point Software Technologies Ltd. (CHKP) an Analyst Rating Rank of 11, meaning CHKP is ranked higher by analysts than 11% of stocks. The average price target for CHKP is $131.615 and analyst’s rate the stock as a Buy.

Wall Street analysts are rating CHKP a Buy today. Find out what this means to you and get the rest of the rankings on CHKP!

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Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Check Point Software Technologies Ltd. Stock Today?

Check Point Software Technologies Ltd. (CHKP) stock is down -0.69% while the S&P 500 has risen 0.71% as of 1:57 PM on Friday, Oct 15. CHKP has fallen -$0.85 from the previous closing price of $122.41 on volume of 299,542 shares. Over the past year the S&P 500 is higher by 28.32% while CHKP has fallen -4.79%. CHKP earned $6.12 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 19.85. Click Here to get the full Stock Report for Check Point Software Technologies Ltd. stock.