Sophos’ (SOPH) “Add” Rating Reiterated at Numis Securities Ltd

Numis Securities Ltd reaffirmed their add rating on shares of Sophos Ltd (LON:SOPH) in a report published on Wednesday morning. The brokerage currently has a GBX 305 ($3.80) target price on the stock.

SOPH has been the subject of several other research reports. Morgan Stanley reaffirmed an overweight rating on shares of Sophos in a research report on Friday, January 27th. Peel Hunt reaffirmed a buy rating and set a GBX 360 ($4.48) price objective on shares of Sophos in a research report on Thursday, January 19th. Deutsche Bank AG reaffirmed a buy rating on shares of Sophos in a research report on Thursday, November 10th. Finally, J P Morgan Chase & Co reaffirmed an overweight rating and set a GBX 320 ($3.99) price objective on shares of Sophos in a research report on Thursday, November 10th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of Buy and a consensus target price of GBX 319.29 ($3.98).

Analyst Recommendations for Sophos (LON:SOPH)

Shares of Sophos (LON:SOPH) opened at 282.850067 on Wednesday. The company’s market capitalization is GBX 1.27 billion. Sophos has a 52-week low of GBX 146.00 and a 52-week high of GBX 291.60. The firm’s 50-day moving average is GBX 267.16 and its 200 day moving average is GBX 252.80.

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In other Sophos news, insider Kris Hagerman purchased 2,495 shares of Sophos stock in a transaction that occurred on Wednesday, December 28th. The stock was acquired at an average price of GBX 142 ($1.77) per share, with a total value of £3,542.90 ($4,413.18).

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).

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