Shares of Sophos Group PLC (LON:SOPH) have received a consensus recommendation of “Buy” from the seven analysts that are currently covering the stock. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is GBX 312.67 ($3.77).
SOPH has been the topic of several recent analyst reports. Peel Hunt restated a “buy” rating and set a GBX 360 ($4.34) price objective on shares of Sophos Group PLC in a report on Thursday, September 29th. Numis Securities Ltd restated an “add” rating and set a GBX 256 ($3.09) price objective on shares of Sophos Group PLC in a report on Friday, November 4th. Deutsche Bank AG reiterated a “buy” rating on shares of Sophos Group PLC in a research report on Thursday, November 10th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 320 ($3.86) target price on shares of Sophos Group PLC in a research report on Thursday, November 10th.
In related news, insider Kris Hagerman acquired 2,495 shares of the stock in a transaction on Wednesday, December 28th. The shares were acquired at an average price of GBX 142 ($1.71) per share, for a total transaction of £3,542.90 ($4,274.22).
Shares of Sophos Group PLC (LON:SOPH) opened at 275.90 on Thursday. Sophos Group PLC has a 52-week low of GBX 146.00 and a 52-week high of GBX 288.70. The stock’s 50 day moving average is GBX 261.20 and its 200 day moving average is GBX 247.25. The company’s market cap is GBX 1.24 billion.
About Sophos Group PLC
Sophos Group plc operates as an investment company for the Sophos Group. It is a provider of cloud-enabled end-user and network security solutions. Its geographic segments include Europe, Middle East and Africa (EMEA), the Americas, and Asia Pacific and Japan (APJ). Its products under enduser security include Sophos Mobile Control 6, which is developed to include Sophos Secure Email, a personal information management container solution for e-mail, calendar and contacts, and Sophos Server Protection Advanced, which integrates server application to deliver single-click server lockdown, using Sophos Central management.