Sophos Group PLC (LON:SOPH) has been given an average rating of “Hold” by the eight ratings firms that are currently covering the firm, MarketBeat.com reports. Five research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 482.60 ($6.31).
Several equities analysts recently commented on the stock. Credit Suisse Group downgraded shares of Sophos Group to a “neutral” rating and upped their price target for the company from GBX 480 ($6.27) to GBX 583 ($7.62) in a research note on Friday, October 18th. Shore Capital restated a “hold” rating on shares of Sophos Group in a research note on Monday, October 14th. UBS Group restated a “buy” rating and issued a GBX 460 ($6.01) price target (up from GBX 450 ($5.88)) on shares of Sophos Group in a research note on Monday, July 15th. Liberum Capital restated a “hold” rating on shares of Sophos Group in a research note on Friday, July 12th. Finally, Deutsche Bank upped their price target on shares of Sophos Group from GBX 360 ($4.70) to GBX 420 ($5.49) and gave the company a “hold” rating in a research note on Friday, July 12th.
Shares of SOPH remained flat at $GBX 567.80 ($7.42) during trading hours on Friday. 2,989,585 shares of the stock traded hands, compared to its average volume of 2,150,000. The stock has a market capitalization of $2.77 billion and a price-to-earnings ratio of 105.15. The stock has a 50 day moving average price of GBX 468.94 and a two-hundred day moving average price of GBX 411.51. Sophos Group has a 52 week low of GBX 273.40 ($3.57) and a 52 week high of GBX 587.23 ($7.67). The company has a debt-to-equity ratio of 192.55, a quick ratio of 0.55 and a current ratio of 0.67.
Sophos Group plc, through its subsidiaries, provides cloud-enabled end-user and network security solutions. The company offers Intercept X, which delivers endpoint protection against unknown malware, exploits, and ransomware; XG Firewall, a next generation firewall that provides unprecedented visibility for networks, users, and applications directly from the control center; Sophos Central, a unified cloud administration console for managing various Sophos products; and Cloud Optix that offers artificial intelligence-based cloud security analytics, compliance, and DevSecOps platform to provide end-to-end protection in public cloud services.
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