Sophos Group PLC (LON:SOPH) Given Average Rating of “Hold” by Analysts
Sophos Group PLC (LON:SOPH) has been given an average recommendation of “Hold” by the eight analysts that are covering the company, Marketbeat reports. Five analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is GBX 482.60 ($6.31).
Several brokerages recently issued reports on SOPH. Credit Suisse Group downgraded Sophos Group to a “neutral” rating and raised their price target for the stock from GBX 480 ($6.27) to GBX 583 ($7.62) in a report on Friday, October 18th. Shore Capital reaffirmed a “hold” rating on shares of Sophos Group in a research note on Wednesday, November 6th.
Shares of LON SOPH opened at GBX 566 ($7.40) on Thursday. The company has a market cap of $2.79 billion and a price-to-earnings ratio of 332.94. Sophos Group has a 12-month low of GBX 273.40 ($3.57) and a 12-month high of GBX 587.23 ($7.67). The company has a current ratio of 0.44, a quick ratio of 0.42 and a debt-to-equity ratio of 168.23. The stock’s 50 day simple moving average is GBX 528.52 and its 200 day simple moving average is GBX 430.77.
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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