Sophos Group PLC (SOPH) Stock Rating Reaffirmed by Deutsche Bank AG
Sophos Group PLC (LON:SOPH)‘s stock had its “buy” rating restated by stock analysts at Deutsche Bank AG in a research report issued to clients and investors on Monday, StockTargetPrices.com reports. They currently have a GBX 290 ($3.79) price objective on the stock. Deutsche Bank AG’s price objective suggests a potential upside of 9.48% from the company’s previous close.
A number of other analysts also recently weighed in on the company. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 320 ($4.18) price objective on shares of Sophos Group PLC in a report on Friday, July 29th. Peel Hunt reaffirmed a “buy” rating and set a GBX 360 ($4.70) price target on shares of Sophos Group PLC in a research report on Thursday, July 28th. Morgan Stanley reaffirmed an “overweight” rating and set a GBX 350 ($4.57) price target on shares of Sophos Group PLC in a research report on Friday, July 1st. Liberum Capital reaffirmed a “buy” rating and set a GBX 300 ($3.92) price target on shares of Sophos Group PLC in a research report on Tuesday, June 7th. Finally, Citigroup Inc. cut their price target on shares of Sophos Group PLC from GBX 300 ($3.92) to GBX 290 ($3.79) and set a “buy” rating on the stock in a research report on Thursday, June 2nd. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. The company has an average rating of “Buy” and an average price target of GBX 305.14 ($3.98).
Shares of Sophos Group PLC (LON:SOPH) opened at 264.90 on Monday. Sophos Group PLC has a 52-week low of GBX 146.00 and a 52-week high of GBX 292.80. The firm’s market cap is GBX 1.20 billion. The company has a 50 day moving average price of GBX 246.77 and a 200-day moving average price of GBX 220.72.
In related news, insider Hagerman,Kris sold 100,634 shares of the firm’s stock in a transaction dated Tuesday, August 9th. The shares were sold at an average price of GBX 224 ($2.92), for a total value of £225,420.16 ($294,243.78). Also, insider Bray,Nick sold 49,032 shares of the firm’s stock in a transaction dated Monday, August 8th. The shares were sold at an average price of GBX 228 ($2.98), for a total transaction of £111,792.96 ($145,924.76).
About Sophos Group PLC
Sophos Group plc is a provider of cloud-enabled end-user and network security solutions. The Company, through its products, is engaged in offering end-to-end protection against information technology (IT) security threats to organizations. The Company offers various products including endpoint protection, mobile control and server security.
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