Sophos Group (LON:SOPH) Rating Reaffirmed
In an interesting research report issued to clients and investors this morning, Peel Hunt Limited maintained their “Buy” rating on Sophos Group (LON:SOPH) shares. The PT indicates a possible upside of 41.51% from company’s current price.
From a total of 8 analysts covering Sophos Group Plc (LON:SOPH) stock, 7 rate it a ”Buy”, 0 a “Sell”, and 1 a ”Hold”. This means that 88% of the ratings are positive. The highest target price is GBX 5.38 while the lowest target price is GBX 4.11. The mean of all analyst targets is GBX 4.72 with a 22.18% above today’s (GBX 254.4) stock price. Sophos Group Plc was the topic of 15 analyst reports since August 7, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on November 19 with “Buy” rating. Deutsche Bank maintained shares with “Buy” rating and GBX 300 target share price in a report from a November 12. Numis Securities downgraded SOPH stock in a recent report from November 12 to “Hold” rating. UBS initiated the rating on October 16. UBS has a “Buy” rating and a GBX 300 price target on shares. Finally, JP Morgan maintained the stock with “Overweight” rating in a report issued on a November 12.
The stock decreased 1.32% or GBX 3.4 on December 9, striking GBX 254.4. Approximately 811,333 shares of stock traded hands. Sophos Group PLC (LON:SOPH) has risen 6.00% since November 9, 2015 and is uptrending. It has outperformed by 6.80% the S&P500.
Sophos Group plc is a provider of cloud-enabled end-user and network security solutions. The company has a market cap of 1.16 billion GBP. The Company, through its products, is engaged in offering end-to-end protection against information technology security threats to organizations. It currently has negative earnings. The Firm offers various products including endpoint protection, mobile control and server security.