Investment analysts at Jefferies Group LLC assumed coverage on shares of Sophos Ltd (LON:SOPH) in a note issued to investors on Thursday, November 2nd, Marketbeat Ratings reports. The brokerage set a “buy” rating on the stock.

A number of other brokerages have also recently issued reports on SOPH. Numis Securities Ltd restated an “add” rating on shares of Sophos in a report on Tuesday, September 26th. Shore Capital restated a “hold” rating on shares of Sophos in a report on Thursday, July 27th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of GBX 381 ($5.01).

Sophos (SOPH) opened at GBX 581 ($7.64) on Thursday. Sophos has a 1-year low of GBX 229.54 ($3.02) and a 1-year high of GBX 654 ($8.60).

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In other news, insider Nick Bray sold 23,105 shares of Sophos stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of GBX 597 ($7.85), for a total value of £137,936.85 ($181,424.24). Also, insider Steve Munford sold 200,000 shares of Sophos stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of GBX 583 ($7.67), for a total transaction of £1,166,000 ($1,533,605.16). Over the last quarter, insiders sold 233,420 shares of company stock valued at $136,252,605.

Sophos Company Profile

Sophos Limited is a United Kingdom-based cyber security company. The Company is engaged in the provision of information technology (IT) security solutions. Its security suites protect organizations by defending against known and unknown malware, spyware, intrusions, unwanted applications, spam, policy abuse and data leakage while providing network access control (NAC).

Analyst Recommendations for Sophos (LON:SOPH)

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