Sophos Group (SOPH) Earns Outperform Rating from Credit Suisse Group

Sophos Group (LON:SOPH)‘s stock had its “outperform” rating reissued by Credit Suisse Group in a research note issued on Tuesday.

A number of other equities research analysts have also recently issued reports on SOPH. Shore Capital reiterated a “buy” rating on shares of Sophos Group in a research note on Friday, July 6th. Deutsche Bank cut their target price on Sophos Group from GBX 700 ($9.15) to GBX 630 ($8.23) and set a “buy” rating on the stock in a research note on Friday, July 13th. UBS Group reiterated a “buy” rating and issued a GBX 645 ($8.43) target price on shares of Sophos Group in a research note on Tuesday, September 25th. Finally, Numis Securities upgraded Sophos Group to an “add” rating in a research note on Monday, July 30th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of GBX 653.83 ($8.54).

SOPH stock opened at GBX 415.60 ($5.43) on Tuesday. Sophos Group has a 1 year low of GBX 258.70 ($3.38) and a 1 year high of GBX 675.62 ($8.83).

In other Sophos Group news, insider Nick Bray sold 1,910 shares of the firm’s stock in a transaction on 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).

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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