Darktrace PLC 46.3% potential upside indicated by Berenberg Bank

Darktrace PLC with ticker (LON:DARK) now has a potential upside of 46.3% according to Berenberg Bank.



Berenberg Bank set a target price of 600 GBX for the company, which when compared to the Darktrace PLC share price of 410 GBX at opening today (22/03/2024) indicates a potential upside of 46.3%. Trading has ranged between 237 (52 week low) and 502 (52 week high) with an average of 3,187,544 shares exchanging hands daily. The market capitalisation at the time of writing is £2,971,900,029.

Darktrace plc is a United Kingdom-based autonomous cyber security artificial intelligence (AI) company. The Company is focused on providing AI for enterprises. Its portfolio includes Network, Cloud, Endpoint, Zero Trust, Email, Software as a Service (SaaS), and Operational Technology (OT). 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; Darktrace RESPOND that works autonomously to disarm attacks whenever they occur and reacts to threats in seconds, as well as works 24/7 as it frees up security teams and resources; and Darktrace HEAL, which enables organizations to restore business affected by cyber-attacks to trusted operational states through AI assistance.