Sophos Group’s (SOPH) Buy Rating Reaffirmed at UBS Group
UBS Group reaffirmed their buy rating on shares of Sophos Group (LON:SOPH) in a report released on Tuesday morning, www.digitallook.com reports. The firm currently has a GBX 645 ($8.40) price objective on the stock.
Other equities research analysts have also issued research reports about the company. Credit Suisse Group upped their price objective on Sophos Group from GBX 700 ($9.12) to GBX 750 ($9.77) and gave the stock an outperform rating in a research report on Monday, June 25th. Deutsche Bank restated a buy rating on shares of Sophos Group in a research report on Friday, July 27th. Shore Capital restated a buy rating on shares of Sophos Group in a research report on Friday, July 6th. Finally, Numis Securities upgraded Sophos Group to an add rating in a research report on Monday, July 30th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Sophos Group has an average rating of Buy and an average price target of GBX 653.83 ($8.52).
Sophos Group stock opened at GBX 495.20 ($6.45) on Tuesday. Sophos Group has a 12 month low of GBX 258.70 ($3.37) and a 12 month high of GBX 675.62 ($8.80).
About Sophos Group
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.
Further Reading: Why do companies issue stock splits?
Receive News & Ratings for Sophos Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sophos Group and related companies with MarketBeat.com's FREE daily email newsletter.