Rubrik, Inc. (NYSE:RBRK) Receives Average Rating of “Buy” from Analysts

Rubrik, Inc. (NYSE:RBRK) has earned a consensus recommendation of “Buy” from the thirteen brokerages that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokers that have covered the stock in the last year is $44.92.

A number of equities research analysts have recently weighed in on the stock. Mizuho initiated coverage on shares of Rubrik in a report on Monday, May 20th. They issued a “buy” rating and a $46.00 price objective for the company. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Rubrik in a research report on Monday, May 20th. They set a “buy” rating and a $42.00 price target for the company. BMO Capital Markets assumed coverage on Rubrik in a report on Monday, May 20th. They issued a “market perform” rating and a $40.00 price objective for the company. Wells Fargo & Company assumed coverage on shares of Rubrik in a research note on Monday, May 20th. They set an “overweight” rating and a $42.00 target price for the company. Finally, Guggenheim started coverage on shares of Rubrik in a report on Monday, May 20th. They issued a “buy” rating and a $48.00 price objective on the stock.

Rubrik Trading Up 2.5 %

NYSE:RBRK opened at $33.58 on Monday. Rubrik has a 52-week low of $31.96 and a 52-week high of $40.00.

Rubrik Company Profile

Rubrik, Inc provides data security solutions to individuals and businesses worldwide. The company offers enterprise data protection, unstructured data protection, cloud data protection, and SaaS data protection solutions; data threat analytics; data security posture; and cyber recovery solutions. It serves financial, retail, trade, transportation, energy, industrial, healthcare and life science, education, technology, media, communications, and public sectors.