Sophos Group (OTCMKTS:SPHHF) Upgraded by ValuEngine to Buy

ValuEngine upgraded shares of Sophos Group (OTCMKTS:SPHHF) from a hold rating to a buy rating in a research note published on Thursday morning, ValuEngine reports.

Several other equities analysts also recently issued reports on SPHHF. Zacks Investment Research raised Sophos Group from a sell rating to a hold rating in a research report on Wednesday. JPMorgan Chase & Co. raised Sophos Group from a neutral rating to an overweight rating in a research report on Tuesday, July 2nd. Finally, Jefferies Financial Group assumed coverage on Sophos Group in a research report on Monday, July 22nd. They issued a buy rating on the stock. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus target price of $5.00.

Shares of SPHHF remained flat at $$5.47 during midday trading on Thursday. The stock had a trading volume of 1 shares, compared to its average volume of 5,845. Sophos Group has a 12-month low of $3.90 and a 12-month high of $7.00. The company’s 50-day moving average price is $5.16. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.65 and a current ratio of 0.67. The company has a market cap of $2.56 billion, a price-to-earnings ratio of 39.07 and a beta of 0.30.

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.

Further Reading: Oversold

To view ValuEngine’s full report, visit ValuEngine’s official website.

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