Sophos Group (LON:SOPH) had its price objective hoisted by Deutsche Bank from GBX 300 ($3.92) to GBX 360 ($4.70) in a report released on Friday, ThisIsMoney.Co.Uk reports. The firm currently has a hold rating on the stock.
Other analysts also recently issued reports about the company. Liberum Capital restated a hold rating and issued a GBX 375 ($4.90) price objective (up from GBX 320 ($4.18)) on shares of Sophos Group in a report on Thursday. Shore Capital restated a hold rating on shares of Sophos Group in a report on Thursday. UBS Group restated a buy rating on shares of Sophos Group in a report on Friday, May 10th. JPMorgan Chase & Co. restated a neutral rating and issued a GBX 330 ($4.31) price objective (down from GBX 340 ($4.44)) on shares of Sophos Group in a report on Monday, March 25th. Finally, Numis Securities upgraded Sophos Group to a buy rating and decreased their price objective for the company from GBX 420 ($5.49) to GBX 385 ($5.03) in a report on Friday, January 18th. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Sophos Group currently has an average rating of Hold and a consensus target price of GBX 396.71 ($5.18).
LON SOPH traded down GBX 2.10 ($0.03) on Friday, reaching GBX 385 ($5.03). The company had a trading volume of 2,055,437 shares, compared to its average volume of 2,150,000. The company has a market capitalization of $1.86 billion and a price-to-earnings ratio of -104.05. Sophos Group has a fifty-two week low of GBX 273.40 ($3.57) and a fifty-two week high of GBX 645.50 ($8.43). The company has a quick ratio of 0.61, a current ratio of 0.64 and a debt-to-equity ratio of 177.39.
The firm also recently declared a dividend, which will be paid on Friday, October 11th. Shareholders of record on Thursday, September 19th will be issued a dividend of $0.04 per share. This is an increase from Sophos Group’s previous dividend of $0.02. This represents a yield of 0.75%. The ex-dividend date is Thursday, September 19th. Sophos Group’s dividend payout ratio (DPR) is presently -1.08%.
In other Sophos Group news, insider Kris Hagerman sold 10,264 shares of the stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of GBX 329 ($4.30), for a total transaction of £33,768.56 ($44,124.60). Also, insider Nick Bray sold 1,910 shares of the stock in a transaction dated Friday, March 1st. The stock was sold at an average price of GBX 329 ($4.30), for a total value of £6,283.90 ($8,211.03).
About Sophos Group
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.
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