Sophos Group (LON:SOPH) Stock Rating Reaffirmed by UBS Group

Sophos Group (LON:SOPH)‘s stock had its “buy” rating reiterated by UBS Group in a research note issued on Monday, ThisIsMoney.Co.Uk reports. They currently have a GBX 460 ($6.01) target price on the stock, up from their previous target price of GBX 450 ($5.88). UBS Group’s price objective indicates a potential upside of 5.19% from the stock’s previous close.

Several other analysts also recently commented on the stock. Morgan Stanley reiterated an “overweight” rating and issued a GBX 460 ($6.01) price target on shares of Sophos Group in a research report on Friday, May 17th. Numis Securities upgraded shares of AJ Bell to a “hold” rating in a research report on Monday, June 10th. Credit Suisse Group reiterated an “outperform” rating on shares of in a research report on Wednesday, June 5th. JPMorgan Chase & Co. upped their price target on shares of from GBX 385 ($5.03) to GBX 480 ($6.27) and gave the company an “overweight” rating in a research report on Wednesday, July 3rd. Finally, Liberum Capital restated a “buy” rating on shares of Boohoo Group in a research report on Friday, July 12th. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 436.88 ($5.71).

LON SOPH opened at GBX 437.30 ($5.71) on Monday. The company has a quick ratio of 0.55, a current ratio of 0.67 and a debt-to-equity ratio of 192.55. Sophos Group has a 52 week low of GBX 273.40 ($3.57) and a 52 week high of GBX 546 ($7.13). The firm has a market cap of $2.12 billion and a PE ratio of 80.98. The business’s 50 day moving average price is GBX 402.47.

In other news, insider Nick Bray sold 23,105 shares of the company’s stock in a transaction on Monday, May 20th. The shares were sold at an average price of GBX 385 ($5.03), for a total transaction of £88,954.25 ($116,234.48). Also, insider Kris Hagerman sold 19,414 shares of the company’s stock in a transaction on Tuesday, June 4th. The stock was sold at an average price of GBX 402 ($5.25), for a total transaction of £78,044.28 ($101,978.68).

Sophos Group Company Profile

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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