Sophos Group’s (SOPH) Buy Rating Reaffirmed at UBS Group

Sophos Group (LON:SOPH)‘s stock had its “buy” rating restated by UBS Group in a research report issued to clients and investors on Friday, investing.thisismoney.co.uk reports.

SOPH has been the subject of a number of other research reports. Deutsche Bank restated a “buy” rating on shares of Sophos Group in a research note on Wednesday. Numis Securities upgraded Sophos Group to an “add” rating in a research note on Monday, July 30th. Credit Suisse Group lowered their price objective on Sophos Group from GBX 750 ($9.77) to GBX 713 ($9.29) and set an “outperform” rating for the company in a research note on Thursday, August 23rd. Shore Capital restated a “buy” rating on shares of Sophos Group in a research note on Friday, July 6th. Finally, Deutsche Bank restated a “buy” rating on shares of Sophos Group in a research note on Friday, May 18th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. Sophos Group currently has a consensus rating of “Buy” and a consensus price target of GBX 670.50 ($8.73).

Shares of LON SOPH opened at GBX 517.50 ($6.74) on Friday. Sophos Group has a fifty-two week low of GBX 258.70 ($3.37) and a fifty-two week high of GBX 675.62 ($8.80).

In other news, insider Nick Bray sold 183,950 shares of Sophos Group stock in a transaction that occurred on Thursday, August 9th. The stock was sold at an average price of GBX 501 ($6.53), for a total value of £921,589.50 ($1,200,455.26).

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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