Sophos Group (SOPH) Rating Reiterated by UBS Group -

Sophos Group (LON:SOPH)‘s stock had its “buy” rating reissued by research analysts at UBS Group in a research note issued to investors on Friday, ThisIsMoney.Co.Ukreports.

A number of other analysts also recently issued reports on SOPH. JPMorgan Chase & Co. reduced their price target on shares of Sophos Group from GBX 420 ($5.49) to GBX 400 ($5.23) and set a “neutral” rating on the stock in a report on Thursday, January 10th. Shore Capital reiterated a “buy” rating on shares of Sophos Group in a report on Friday, January 18th. Liberum Capital downgraded shares of Sophos Group to a “hold” rating and reduced their price target for the company from GBX 400 ($5.23) to GBX 320 ($4.18) in a report on Monday, January 21st. Numis Securities upgraded shares of Sophos Group to a “buy” rating and reduced their target price for the stock from GBX 420 ($5.49) to GBX 385 ($5.03) in a report on Friday, January 18th. Finally, Credit Suisse Group reduced their target price on shares of Sophos Group from GBX 575 ($7.51) to GBX 407 ($5.32) and set an “outperform” rating on the stock in a report on Tuesday, January 22nd. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Sophos Group presently has a consensus rating of “Buy” and an average price target of GBX 366.71 ($4.79).

Shares of LON SOPH opened at GBX 338 ($4.42) on Friday. The company has a debt-to-equity ratio of 177.39, a quick ratio of 0.61 and a current ratio of 0.64. The firm has a market capitalization of $1.63 billion and a price-to-earnings ratio of -91.35. Sophos Group has a 52-week low of GBX 273.40 ($3.57) and a 52-week high of GBX 645.50 ($8.43).

In other news, insider Kris Hagerman sold 10,264 shares of the business’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of GBX 329 ($4.30), for a total value of £33,768.56 ($44,124.60). Also, insider Nick Bray sold 1,910 shares of the business’s stock in a transaction dated Friday, March 1st. The stock was sold at an average price of GBX 329 ($4.30), for a total transaction of £6,283.90 ($8,211.03).

Sophos Group Company Profile

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.