Sophos (SOPH) PT Lowered to GBX 705 at Morgan Stanley

Sophos (LON:SOPH) had its target price lowered by stock analysts at Morgan Stanley from GBX 780 ($10.94) to GBX 705 ($9.89) in a note issued to investors on Monday. The firm presently has an “overweight” rating on the stock. Morgan Stanley’s price target points to a potential upside of 43.96% from the stock’s current price.

Several other equities analysts have also recently weighed in on SOPH. Shore Capital reaffirmed a “buy” rating on shares of Sophos in a research report on Thursday. Numis Securities cut shares of Sophos to a “hold” rating and set a GBX 570 ($7.99) price target on the stock. in a research report on Thursday. Jefferies Group assumed coverage on shares of Sophos in a research report on Thursday, November 2nd. They issued a “buy” rating on the stock. Finally, Credit Suisse Group reaffirmed an “outperform” rating on shares of Sophos in a research report on Thursday, January 11th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of GBX 503 ($7.05).

Sophos (LON:SOPH) opened at GBX 489.72 ($6.87) on Monday. Sophos has a 1 year low of GBX 258.70 ($3.63) and a 1 year high of GBX 675.62 ($9.47). The firm has a market cap of $2,350.00 and a PE ratio of -6,121.52.

In other Sophos news, insider Kris Hagerman sold 10,557 shares of the stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of GBX 531 ($7.45), for a total value of £56,057.67 ($78,600.21).

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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).

Analyst Recommendations for Sophos (LON:SOPH)

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