Shares of FireEye Inc (NASDAQ:FEYE) have been assigned a consensus recommendation of “Hold” from the twenty-eight analysts that are currently covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, fourteen have given a hold recommendation, eleven have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $17.78.
A number of brokerages recently weighed in on FEYE. Cowen reaffirmed a “hold” rating and issued a $15.00 target price on shares of FireEye in a research note on Thursday, October 12th. Northland Securities set a $22.00 target price on shares of FireEye and gave the company a “buy” rating in a research note on Thursday, October 12th. Evercore ISI set a $20.00 target price on shares of FireEye and gave the company a “buy” rating in a research note on Sunday, October 15th. Oppenheimer lowered their target price on shares of FireEye from $23.00 to $22.00 and set an “outperform” rating on the stock in a research note on Thursday, November 2nd. Finally, BMO Capital Markets lowered their target price on shares of FireEye from $17.00 to $16.00 and set a “market perform” rating on the stock in a research note on Thursday, November 2nd.
In other FireEye news, Director Ronald E. F. Codd sold 6,767 shares of FireEye stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $13.57, for a total transaction of $91,828.19. Following the transaction, the director now directly owns 7,099 shares of the company’s stock, valued at $96,333.43. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 2.40% of the company’s stock.
Shares of FireEye (NASDAQ:FEYE) opened at $13.97 on Tuesday. The firm has a market cap of $2,580.00, a P/E ratio of -8.42 and a beta of 0.57. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.99 and a quick ratio of 1.98. FireEye has a one year low of $10.35 and a one year high of $18.00.
COPYRIGHT VIOLATION WARNING: “FireEye Inc (FEYE) Receives Average Rating of “Hold” from Brokerages” was originally posted by American Banking News and is the property of of American Banking News. If you are reading this article on another domain, it was illegally copied and republished in violation of United States and international copyright law. The legal version of this article can be accessed at https://www.americanbankingnews.com/2018/02/06/fireeye-inc-feye-receives-average-rating-of-hold-from-brokerages.html.
FireEye, Inc provides intelligence-based cybersecurity solutions that allow organizations to prepare for, prevent, respond to and remediate cyber-attacks. The Company offers various products, such as Threat Detection and Prevention Solutions, which include network security products (NX and Multi-vector Virtual Execution (MVX) Compute Node Series), e-mail security products (EX Series and e-mail threat prevention cloud (ETP), endpoint security products (HX Series) and content security products (FX Series); security management and orchestration products, which include Central Management System and FireEye Security Orchestrator, and forensics and investigation products, which include Threat Analytics Platform (TAP), Malware Analysis (AX Series) and Enterprise Forensics (PX Series and IA Series).
Receive News & Ratings for FireEye Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FireEye and related companies with MarketBeat.com's FREE daily email newsletter.