Sophos Group PLC (LON:SOPH) has received a consensus rating of “Buy” from the ten brokerages that are presently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is GBX 436.17 ($5.70).
A number of equities analysts have recently commented on the company. Deutsche Bank reiterated a “hold” rating on shares of Sophos Group in a report on Monday, April 1st. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 330 ($4.31) target price (down previously from GBX 340 ($4.44)) on shares of Sophos Group in a report on Monday, March 25th. Liberum Capital cut Sophos Group to a “hold” rating and dropped their target price for the stock from GBX 400 ($5.23) to GBX 320 ($4.18) in a report on Monday, January 21st. Shore Capital reiterated a “buy” rating on shares of Sophos Group in a report on Friday, January 18th. Finally, Numis Securities upgraded Sophos Group to a “buy” rating and dropped their target price for the stock from GBX 420 ($5.49) to GBX 385 ($5.03) in a report on Friday, January 18th.
In related news, insider Nick Bray sold 4,385 shares of the business’s stock in a transaction on Tuesday, January 22nd. The stock was sold at an average price of GBX 320 ($4.18), for a total transaction of £14,032 ($18,335.29). Also, insider Kris Hagerman sold 10,264 shares of the business’s stock in a transaction on Thursday, March 14th. The shares were sold at an average price of GBX 329 ($4.30), for a total value of £33,768.56 ($44,124.60). In the last quarter, insiders sold 39,663 shares of company stock valued at $13,171,390.
LON SOPH traded up GBX 0.30 ($0.00) during trading on Wednesday, hitting GBX 357 ($4.66). 1,544,334 shares of the stock traded hands, compared to its average volume of 2,150,000. The stock has a market capitalization of $1.71 billion and a PE ratio of -96.49. The company has a debt-to-equity ratio of 177.39, a current ratio of 0.64 and a quick ratio of 0.61. Sophos Group has a 12-month low of GBX 273.40 ($3.57) and a 12-month high of GBX 645.50 ($8.43).
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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