Proofpoint, Inc. with ticker code (PFPT) have now 25 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 160 and 101 calculating the mean target price we have 142.16. Now with the previous closing price of 117.94 this would imply there is a potential upside of 20.5%. The day 50 moving average is 121.29 while the 200 day moving average is 119.87. The market cap for the company is $6,679m. Company Website: http://www.proofpoint.com
Proofpoint, Inc. operates as a security-as-a-service provider that enables large and mid-sized organizations to defend, protect, archive, and govern their sensitive data worldwide. It offers protection against advanced and targeted threats, including malicious attachments, polymorphic threats, zero-day exploits, user-transparent drive-by’ downloads, malicious Web links, hybrid threats, malware free attacks, and other penetration tactics. The company also provides integrated email security, advanced threat, information protection and archiving, and digital risk protection product services. In addition, it offers solutions that enable secure business-to-business and business-to-consumer communications; email encryption services that encrypt sensitive emails and deliver them to PC or mobile device; file-transfer solutions for end-users to share various forms of documents and other content; security optimized cloud architecture solutions; and extensible security-as-a-service platform. The company serves aerospace and defense, education, financial services, government, healthcare, manufacturing, and retail sectors. Proofpoint, Inc. was founded in 2002 and is headquartered in Sunnyvale, California.