Credit Suisse Group Reiterates “Outperform” Rating for Sophos Group (SOPH)

Credit Suisse Group restated their outperform rating on shares of Sophos Group (LON:SOPH) in a report issued on Tuesday.

Other analysts also recently issued research reports about the company. Deutsche Bank reaffirmed a buy rating on shares of Sophos Group in a research note on Friday, July 27th. UBS Group reaffirmed a buy rating and set a GBX 645 ($8.43) price objective on shares of Sophos Group in a research note on Tuesday, September 25th. Shore Capital reaffirmed a buy rating on shares of Sophos Group in a research note on Friday, July 6th. Finally, Numis Securities raised Sophos Group to an add rating in a research note on Monday, July 30th. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company has an average rating of Buy and an average target price of GBX 618.50 ($8.08).

Shares of Sophos Group stock opened at GBX 462 ($6.04) on Tuesday. Sophos Group has a 12 month low of GBX 258.70 ($3.38) and a 12 month high of GBX 675.62 ($8.83).

In other Sophos Group news, insider Nick Bray sold 1,910 shares of Sophos Group stock in a transaction dated Monday, September 3rd. The stock was sold at an average price of GBX 526 ($6.87), for a total value of £10,046.60 ($13,127.66).

About Sophos Group

Sophos Group plc, through its subsidiaries, provides cloud-enabled end-user and network security solutions. The company offers XG Firewall, a next-generation firewall protection for network, users, and applications from new control center; SG UTM, a user interface to protect network and users; Secure Wi-Fi, a wireless access point; Secure Web Gateway for Web security; Secure Email Gateway solutions; and Phish Threat, an email phishing test simulation and training product.

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Analyst Recommendations for Sophos Group (LON:SOPH)

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