Shore Capital Reaffirms “Hold” Rating for Sophos Ltd (SOPH)

Shore Capital restated their hold rating on shares of Sophos Ltd (LON:SOPH) in a research note published on Wednesday.

Several other brokerages have also weighed in on SOPH. Jefferies Group LLC began coverage on Sophos in a report on Thursday, November 2nd. They issued a buy rating for the company. Numis Securities Ltd reissued an add rating on shares of Sophos in a report on Tuesday, September 26th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus price target of GBX 381 ($5.01).

Shares of Sophos (SOPH) traded down GBX 14 ($0.18) on Wednesday, reaching GBX 585 ($7.69). The company had a trading volume of 3,098,380 shares, compared to its average volume of 868,959. Sophos has a 52 week low of GBX 229.54 ($3.02) and a 52 week high of GBX 654 ($8.60).

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The business also recently announced a dividend, which will be paid on Friday, December 15th. Shareholders of record on Thursday, November 16th will be paid a $0.01 dividend. The ex-dividend date of this dividend is Thursday, November 16th. This represents a yield of 0.18%.

In other Sophos news, insider Nick Bray sold 23,105 shares of the firm’s stock in a transaction dated Friday, November 10th. The stock was sold at an average price of GBX 597 ($7.85), for a total value of £137,936.85 ($181,424.24). Also, insider Kris Hagerman sold 10,315 shares of the firm’s stock in a transaction dated Thursday, September 14th. The stock was sold at an average price of GBX 568 ($7.47), for a total value of £58,589.20 ($77,060.63).

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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