Sophos (LON:SOPH) was downgraded by stock analysts at Numis Securities to a “hold” rating in a report issued on Thursday. They currently have a GBX 570 ($7.99) price target on the stock. Numis Securities’ target price indicates a potential upside of 12.87% from the company’s current price.
A number of other equities research analysts have also commented on SOPH. Jefferies Group initiated coverage on Sophos in a research report on Thursday, November 2nd. They issued a “buy” rating on the stock. Shore Capital restated a “hold” rating on shares of Sophos in a research report on Wednesday, November 8th. Finally, Credit Suisse Group restated an “outperform” rating on shares of Sophos in a research report on Thursday, January 11th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. Sophos currently has an average rating of “Buy” and a consensus price target of GBX 452.50 ($6.34).
Sophos (LON:SOPH) traded down GBX 8 ($0.11) on Thursday, hitting GBX 505 ($7.08). 8,174,109 shares of the stock traded hands, compared to its average volume of 1,640,000. The firm has a market capitalization of $2,350.00 and a P/E ratio of -6,312.50. Sophos has a 12-month low of GBX 258.70 ($3.63) and a 12-month high of GBX 675.62 ($9.47).
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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).
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