Sophos Group Plc (LON:SOPH) “Buy” Rating Reiterated at Peel Hunt; The TP Given is GBX 360.00

Sophos Group Plc (LON:SOPH) Rating

In a report shared with investors on today, Peel Hunt reaffirmed their “Buy” rating on Sophos Group Plc (LON:SOPH)’s stock. The price target indicates a potential upside of 24.57% from company’s last close price.

Out of 8 analysts covering Sophos Group Plc (LON:SOPH), 7 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 88% are positive. GBX 360 is the highest target while GBX 226 is the lowest. The GBX 304.50 average target is 12.99% above today’s (GBX 269.5) stock price. Sophos Group Plc has been the topic of 54 analyst reports since October 13, 2015 according to StockzIntelligence Inc. Peel Hunt maintained the stock on September 29 with “Buy” rating. Numis Securities maintained it with “Hold” rating and GBX 226 target price in a May 26 report. JP Morgan maintained the shares of SOPH in a report on July 29 with “Overweight” rating. Morgan Stanley maintained the firm’s rating on February 1. Morgan Stanley has “Overweight” rating and GBX 350 price target. Lastly, Citigroup maintained the stock with “Buy” rating in a June 2 report.

About 115,699 shares traded hands. Sophos Group PLC (LON:SOPH) has risen 25.92% since February 29, 2016 and is uptrending. It has outperformed by 14.67% the S&P500.

Sophos Group plc operates as an investment firm for the Sophos Group. The company has a market cap of 1.23 billion GBP. It is a well-known provider of cloud-enabled end-user and network security solutions. It currently has negative earnings. The Company’s geographic divisions include Europe, Middle East and Africa , the Americas, and Asia Pacific and Japan (APJ).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Leave a Comment