Fintel reports that on January 2, 2025, Goldman Sachs downgraded their outlook for Check Point Software Technologies (LSE:0Y9S) from Buy to Neutral.
Analyst Price Forecast Suggests 6.48% Upside
As of December 23, 2024, the average one-year price target for Check Point Software Technologies is 198.48 GBX/share. The forecasts range from a low of 110.44 GBX to a high of 240.06 GBX. The average price target represents an increase of 6.48% from its latest reported closing price of 186.41 GBX / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Check Point Software Technologies is 2,751MM, an increase of 8.96%. The projected annual non-GAAP EPS is 10.24, an increase of 10.51% from the prior forecast.
What is the Fund Sentiment?
There are 1,140 funds or institutions reporting positions in Check Point Software Technologies. This is an increase of 43 owner(s) or 3.92% in the last quarter. Average portfolio weight of all funds dedicated to 0Y9S is 0.40%, an increase of 1.74%. Total shares owned by institutions decreased in the last three months by 0.76% to 86,887K shares.
What are Other Shareholders Doing?
Massachusetts Financial Services holds 5,318K shares representing 4.84% ownership of the company. In its prior filing, the firm reported owning 5,528K shares , representing a decrease of 3.94%. The firm decreased its portfolio allocation in 0Y9S by 83.14% over the last quarter.
Acadian Asset Management holds 4,088K shares representing 3.72% ownership of the company. In its prior filing, the firm reported owning 4,109K shares , representing a decrease of 0.50%. The firm increased its portfolio allocation in 0Y9S by 17.29% over the last quarter.
Ninety One UK holds 3,605K shares representing 3.28% ownership of the company. In its prior filing, the firm reported owning 3,609K shares , representing a decrease of 0.10%. The firm increased its portfolio allocation in 0Y9S by 12.84% over the last quarter.
Boston Partners holds 3,575K shares representing 3.25% ownership of the company. In its prior filing, the firm reported owning 3,572K shares , representing an increase of 0.09%. The firm decreased its portfolio allocation in 0Y9S by 54.71% over the last quarter.
Nordea Investment Management Ab holds 2,261K shares representing 2.06% ownership of the company. In its prior filing, the firm reported owning 2,350K shares , representing a decrease of 3.93%. The firm decreased its portfolio allocation in 0Y9S by 59.30% over the last quarter.
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