Rapid7 which can be found using ticker (RPD) have now 14 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 65 and 40 suggesting an average Analsyt target price of $53.43. Now with the previous closing price of $40.49 this now indicates there is a potential upside of 32.0%. The 50 day MA is $43.85 while the 200 day moving average is $48.49. The total market capitalization for the company now stands at $2,419m. Visit the company website at: https://www.rapid7.com
The potential market cap would be $3,192m based on the market consensus.
Rapid7 provides cybersecurity solutions. The company offers a cloud-native insight platform that enables customers to create and manage analytics-driven cybersecurity risk management programs. Its platform includes InsightIDR, an incident detection and response solution; InsightCloudSec, a cloud risk and compliance management platform; InsightVM helps organizations to discover and remediate vulnerability risk across their network; InsightAppSec that provides dynamic application security testing; and InsightConnect, a security orchestration and automation response solution. The company also provides Threat Intelligence that finds and mitigates threats; Nexpose, an on-premise version of company’s vulnerability risk management solution; AppSpider, an on-premise version of company’s application security testing solution; and Metasploit, an industry-leading penetration testing software solution, as well as professional services. The company serves customers in a range of industries, including technology, energy, financial services, healthcare and life sciences, manufacturing, media and entertainment, retail, education, real estate, transportation, government, and professional services industries through sales teams, and indirect channel partner relationships, as well as directly in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was incorporated in 2000 and is headquartered in Boston, Massachusetts.
The company is not paying dividends at this time.
