Darktrace. When will it be a FTSE 100 stock ?
Cybersecurity company Darktrace has had a fantastic run recently.
The company have recently raised profit forecasts and a number of brokers have raised the price target for the share price, one analyst is forecasting £8.00 from memory.
Looking at the current market cap, Darktrace is 3.21B. Compare this to Ocado, who are at present in the FTSE 100 .Their market cap currently stands at 2.853B.
If Darktrace became a FTSE constituent then tracker funds would need to buy in.
Excellent technical analysis by previous posts. What do you guys think now ?
The company have recently raised profit forecasts and a number of brokers have raised the price target for the share price, one analyst is forecasting £8.00 from memory.
Looking at the current market cap, Darktrace is 3.21B. Compare this to Ocado, who are at present in the FTSE 100 .Their market cap currently stands at 2.853B.
If Darktrace became a FTSE constituent then tracker funds would need to buy in.
Excellent technical analysis by previous posts. What do you guys think now ?