Sophos (SOPH) Earns “Buy” Rating from Shore Capital

Sophos (LON:SOPH)‘s stock had its “buy” rating reaffirmed by stock analysts at Shore Capital in a report issued on Thursday.

Several other equities analysts have also recently weighed in on SOPH. Jefferies Group began coverage on Sophos in a report on Thursday, November 2nd. They set a “buy” rating for the company. Credit Suisse Group restated an “outperform” rating on shares of Sophos in a report on Thursday, January 11th. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. Sophos has an average rating of “Buy” and a consensus target price of GBX 452.50 ($6.34).

Sophos (SOPH) traded down GBX 8 ($0.11) during midday trading on Thursday, reaching GBX 505 ($7.08). The company’s stock had a trading volume of 8,174,109 shares, compared to its average volume of 1,640,000. The stock has a market cap of $2,350.00 and a PE ratio of -6,312.50. Sophos has a fifty-two week low of GBX 258.70 ($3.63) and a fifty-two week high of GBX 675.62 ($9.47).

In other news, insider Steve Munford sold 200,000 shares of Sophos stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of GBX 583 ($8.17), for a total value of £1,166,000 ($1,634,885.03). Also, insider Kris Hagerman bought 2,087 shares of the company’s stock in a transaction dated Tuesday, January 2nd. The stock was bought at an average price of GBX 376 ($5.27) per share, with a total value of £7,847.12 ($11,002.69).

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About Sophos

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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